Subrata Roy case is also called Sahara India Pariwar investor fraud case. In this case Subrata Roy, the chairman of the Sahara India failed to return Rs 24,000 crore plus interest to its investors as directed by the Supreme Court of India. He was arrested by Uttar Pradesh police on a Supreme Court warrant.
An investment in a fixed deposit is a single one time investment. You have a lump sum you have saved, lying at home. Invest this money in a fixed deposit and earn interest on your investment. In a recurring deposit, you invest small sums of money regularly (say once each month), in the recurring deposit.