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Fixed Deposit (ADV - Financial)

by Abhilash Cherukat @, Sunday, May 01, 2011, 12:11 PM (4738 days ago) @ Nagarajan

Hi, i would like to know more about this fixed deposit trading. One of my friend approached me saying that i will get a 200% return on the next day if i give my FDR of Rs 10C for trading. I just want to know\ 1. Is it a workable proposition 2. how does it work? 3. Why would a bank/institution give us so much returns? 4. how does the bank /broking firm benefit out of this deal

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