May 2, 2012 9:46 pm
is it advisable to invest in Kerala Transport development finance corporation or Tamil Nadu power finance ltd. how safe are these and do they have any crisil ratings.
Dear Piyush, how much money you want to invest in these deposits & what about your tax liability.
Both of them seem to be PSUs. Before investing, why dont you visit their website and check their ownership ?
At times it is simpler to do a small research before checking for CRISIL ratings. Also remember, the rate of interest rates offered by an entity is directly proportionate to the underlying credit risk and hence you should diversify your fixed deposit portfolio across different companies.
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