Write short note on advantages of Public Deposits for a company.
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Advantages of Public Deposits
Lower Rate of Interest. Public deposits are beneficial to the company as it receives fundsat a lower rate of interest when compared to the rates charged by commercial banks and financial institutions.
Low Administration Costs. ...
Facilitates trading on Equity. ...
Unsecured. ...
Flexible.
Lower Rate of Interest. Public deposits are beneficial to the company as it receives fundsat a lower rate of interest when compared to the rates charged by commercial banks and financial institutions.
Low Administration Costs. ...
Facilitates trading on Equity. ...
Unsecured. ...
Flexible.
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