Aims and objectives of Informative report of public deposits invited by company
Answers
Public investments says about unsecured investments provided by public companies generally to finance working capital needs.
Any member of public can fulfill out the given form and invest the money in the company.
Company issues a receipt on account of deposition.
This receipt is a trademark of company's debt.
T & C of the investment are printed at the back of the receipt.
Interest Rate of public investments depends on the timing of deposits and fame of the company.
Aim and objectives for the public deposits will be:
• Encourage, promote, organize, finance, assist, and improvement of the capacity of the company.
• Village assist communities and the public or private sector corporations. It also includes the voluntary agencies and the establishment of the suitable trees of diverse species.
• The assistance of the establishment of the financial institutes, government agencies and rural communities.