Public Deposits: Meaning, Merits and Demerits | India | Capital | Company

After reading this article you will learn about:- 1. Meaning of Public Deposits 2. Merits or Advantages of Public Deposits 3. Demerits or Disadvantages. Meaning of Public Deposits: One of the traditional methods of raising funds in India has been that of receiving public deposits. Before independence, the practice of receiving public deposits was prevalent mainly in cotton textile industries [...]