Secured Deposits
Sanjib Kumar Mondal (Passionate Learner) (117 Points)
28 August 2018
What is the concept regarding Secured deposits?
1 Replies
Pranjali
(intern)
(2216 Points)
Replied 28 August 2018
A secured deposit is nothing but one that is guaranteed by pledging a security.The ban guarantees the safety of these deposits by pledging securities as collateral.
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