What do you mean by public deposits?
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Answered by
11
Answer:
hyyy
Explanation:
The deposit is that are raised by the organisation directly from the public are known as public deposits......
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Answered by
2
Answer:
The deposits that are raised by organisations directly from the public are known as public deposits. Rates offered on public deposits are higher than of bank deposits. But, there is higher risk in public deposits. Public deposits cater to both short term and medium term finance requirements.
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