A Reddit user’s Rs 2 crore fixed deposit query sparked debate on inflation, opportunity cost, and tax inefficiencies versus equities. While FDs offer stability, users argued equities provide better long-term returns, compounding benefits, and protection against wealth erosion.
ATM withdrawals make SBI richer, other PSBs poorer
State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates