Business Studies, asked by yadavboy9720, 4 months ago

what are the public deposit
what do you mean by discounting of bills of exchange​

Answers

Answered by amishakumari38698
2

Explanation:

2).Discount of trade bills is short-term financing granted by the Bank. The Bank purchases trade bill before its payment term at a price less the amount of discount interest. ... After repayment of the bill by counterparty, the available limit is released.

Answered by niranj252007
2

Answer:

Public deposits refer to the unsecured deposits invited by companies from the public mainly to finance working capital needs

Explanation:

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