The objective of the fund is to generate return above long-term fixed deposits and the fund has been successfully achieving its objectives since inception.
What does FD stand for?
FD stands for Fixed Deposit
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of FD
We have 56 other meanings of FD in our Acronym Attic
- Final Drawings
- Finance Detachment
- Finance Director
- Finite Difference
- Fire Damper (HVAC systems)
- Fire Department
- Fire Direction
- First Deployment
- First Down
- Fitness for Duty (attendance code)
Samples in periodicals archive:
For individual customers, the CNY Current account and fixed deposit provide ideal solutions to transact and build savings in CNY in the medium to long term.
Summary: DUBAI -- Emirates NBD on Wednesday announced the launch of Chinese yuan currency-denominated account products that include current accounts, call accounts and fixed deposits.
Summary: Keeping your money locked in bank fixed deposits has become less attractive as several banks, including State Bank of India (SBI) and ICICI Bank, have reduced interest rates by 50-100 basis points.
But the RBI did allow the bank to make payments on the fixed deposits upon maturity while it was also allowed to recover outstanding loans from its clients, said Kailash Chandra Vijayvargiya, the peon at the Kekri branch of the bank.
The Cabinet had earlier in February 2009 approved by way of reduction of the term of fixed deposit from ten years to three years in respect of such beneficiaries in whose case the amount of compensation is equal to or less than Rs.
And small banks are surviving mostly on fixed deposits with nominal concentration of current and saving accounts with value-added services which increase the cost of such deposits," explains president of a local bank.