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Are FDs safe to invest in?

Yes.

Bajaj Finance and Shriram Finance, are NBFCs having high credit ratings, indicating strong financial stability and repayment capacity.

FDs with slice small finance bank, Shivalik small finance bank, and Suryoday small finance bank are insured up to ₹5 lakh by DICGC, a wholly-owned subsidiary of the RBI.

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