Business Studies, asked by moinabhattacharjee, 4 days ago

explain the benefit of public deposit in business finance

Answers

Answered by sanketkoladiya1811

0

Answer:

Public deposits take care of both medium and short-term financial requirements of a business. As the depositors receive higher interest rate than that offered by banks, the cost of deposits to the company is less than the cost of borrowings from banks.

Answered by sanjeev53353

0

Answer:

Public deposits take care of both medium and short-term financial requirements of a business. As the depositors receive higher interest rate than that offered by banks, the cost of deposits to the company is less than the cost of borrowings from banks.

Explanation:

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