In the past I have always invested in Bank FDs, but now for the 1st time I am planning to invest around 50K – 1 lac in corporate FDs, due to the higher interest rates offered by them.
I am planning to invest in FDs by Unitech or Jai Prakash Associates. I tried to find the ratings for them on CRISIL, but couldn’t locate the same (chkd the link ‘Ratings List > Credit Ratings list’ but couldnt find these companies), can someone plz guide me or provide a link of corporate FD ratings on the CRISIL site?
Also, according to you which amongst Unitech & Jai Prakash Associates is safer? Any other company FD that you would recommend (out of personal experience) ?
Regards,
Vaibhav
P.S. – I Have already gone through the blog article –
https://www.jagoinvestor.com/2010/04/are-company-fixed-deposit-safe.html