Secured Deposits
Sanjib Kumar Mondal (Passionate Learner) (117 Points)
28 August 2018
What is the concept regarding Secured deposits?
Sanjib Kumar Mondal (Passionate Learner) (117 Points)
28 August 2018
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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