Write short note on Repayment of Public Deposits.
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Public deposits refer to the unsecured deposits invited by companies from the publicmainly to finance working capital needs. A company wishing to invite public depositsmakes an advertisement in the newspapers. ... Any member of the public can fill up the prescribed form and deposit the money with the company.
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Public deposits refer to the unsecured deposits invited by companies from the publicmainly to finance working capital needs. A company wishing to invite public depositsmakes an advertisement in the newspapers. ... Any member of the public can fill up the prescribed form and deposit the money with the company.
hope you understand
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the Repayment of Public Deposits. includes the entrepreneurs and management connections.the primary and public deposits are the two different types from which we are at the point of public term.
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