Who Can Legally Accept Your Fixed Deposit in India? Bank vs NBFC vs HFC vs Company FD Compared (2026)
Every year, thousands of Indian investors lose money to entities that had no legal right to accept their deposit in the first place. RBI’s own Sachet portal names exactly six categories of entities permitted to take public deposits — everyone else is, in RBI’s words, “not legally permissible.” Here is what each category can offer, […]
