The article is a letter to the Finance Minister and RBI Governor, urging them to issue a statutory warning for Fixed Deposits (FDs), Recurring Deposits (RDs), and Non-Convertible Debentures (NCDs) due to their “unsecured” nature, which many investors are unaware of. The letter highlights the risks, citing the Dewan Housing Finance Corporation Limited (DHFL) case where many investors lost significant amounts. It calls for greater transparency and public awareness regarding the true risks associated with these financial products.