Question

difference betwen public depoits and bank loans

Answer 1

A financial deposit is always an amount of money invested by a person, group of persons or an institution in a bank, a Government institution or a business entity for a predetermined period at an agreed rate of return or consideration. The term public deposit refers to the money deposited in business entities. For money deposited in banks and post offices, the term used is fixed deposit or term deposit.
Bank loans refer to money borrowed by an individual, group of individuals or an institution from a banking enterprise for a certain consideration.
So, in the case of a deposit, interest is earned and in the case of a loan, interest is paid. 

Answer 2

1) public loan means any borrower get money from any individual person,that person can give money to own wish of interest.
2) bank deposits means the borrower get money from bank,and that bank can give full details to RBI.