Borrowing money has become an essential part of modern financial life. Whether it’s purchasing a home, paying for higher education, or covering unexpected expenses, loans provide access to funds that may not be available upfront.
When it comes to secure savings, investors often look for instruments that protect their capital while delivering a predictable return. In India, two of the most common products are the Fixed Deposit (FD) and the Recurring Deposit (RD).
I’ve been in banking for close to four decades now. I’ve seen a lot—bank runs, economic booms, the rise of online banking, and now, a new wave: neobanks. Every time the banking world shifts, people ask the same question: “Is this better than what we had before?” And now, it’s “Should I go with a neobank or stick with a traditional bank?”