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it nnis a special deposit made with a bank for safe-keeping.
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What is deposit mobilization?
Banks mobilize deposits by making finances and by investing in various financial markets. Basically deposit mobilization is related to the creation of credits. The banks would have special campaigns where they would interact with a lot of people and invite them to make deposits with their bank.
How do you calculate cost of deposit of banks?
cost of deposits= Interest paid on Deposits/Total deposits
What is core deposit ratio?
The core deposit ratio most likely relates to a metric used when analyzing and examining banks. It is core deposits / total deposits. Core deposits, as defined by the FDIC, are "the sum of demand deposits, all NOW and ATS accounts, MMDAs, other savings deposits and time deposits under $250,000, minus all brokered deposits under $250,000."
What are the different types of fixed deposits?
Fixed deposits come in various types to cater to diverse financial needs: Regular Fixed Deposits: Standard fixed-term deposits with a predetermined interest rate. Senior Citizen Fixed Deposits: Tailored for elderly individuals, offering higher interest rates. Tax-Saving Fixed Deposits: Provide tax benefits under Section 80C of the Income Tax Act. Cumulative Fixed Deposits: Interest is compounded and paid along with the principal at maturity. Non-Cumulative Fixed Deposits: Interest is paid at regular intervals, providing a steady income stream. Special Fixed Deposits: Customized options with unique terms and conditions, often offered by specific banks. Each type serves specific financial objectives, allowing investors to choose based on their preferences and requirements. Shriram Finance offering flexible tenures and returns of up to 9.20%* p.a. (Including 0.50%* p.a. for Senior Citizens and 0.10%* p.a. for Women)
Is there a difference between time deposits and term deposits?
Tim deposits is usually a term they use in Europe and the US. <a href="http://en.wikipedia.org/wiki/Term_deposit">Time Deposit article from Wikipedia</a> Term deposits is what they call them in Australia and New Zealand. <a href="http://mozo.com.au/term-deposits">Term Deposits</a> in Australia.
What is special time deposits?
thesame time
What is the interest rate for term deposits?
It depends on the tenure. * For deposits that are less than one year the rate of interest is around 6-7% * For deposits that are one year or more the rate of Interest is around 8% * For special deposits that are 5 year tenure, the rate of interest is around 9% Add an extra 0.5% extra for senior citizens.
What are the types of deposits available in Dubai?
Deposits in Dubai are almost similar to what you can avail in countries across Asia. Fixed deposits, call deposits, recurring deposits and flexible deposits are some of the common types of deposits available in Dubai.
What is deposit mobilization?
Banks mobilize deposits by making finances and by investing in various financial markets. Basically deposit mobilization is related to the creation of credits. The banks would have special campaigns where they would interact with a lot of people and invite them to make deposits with their bank.
What is the meaning for NRI deposits?
what is nri deposits
Are demand deposits and checkable deposits the same?
no
What types of deposits do you get with glaciers and wind?
Glacial deposits are called till. Wind deposits are referred to as aeolian deposits and include loess, dunes, and hills.
What are delta deposits and alluvial deposits?
idon'tknow why are you asking me
What is a result of stream deposits?
deltas and placer deposits
What is a special gas of the sun?
The element "Helium" was unknown on Earth when it was discovered by spectral lines from the Sun. It was later discovered here on Earth, in Texas natural gas deposits.
What has the author Martin von Puell written?
Martin von Puell has written: 'Report on Spitsbergen and Bear Island with special reference to their coal, mineral, and ore deposits'
Are graded deposits sorted deposits?
Graded deposits have been sorted by size, usually by deposition from moving water.
