Investors can also consider depositing their money for a fixed term with companies. These fixed deposits which are considered as a part of the unsecured liabilities of the company, have a maximum maturity period of 3 years and carry a maximum rate of interest of 12.5% (earlier 14%). The public deposits accepted by the companies are governed by the provisions of the Companies (Acceptance of Deposits ) Rule, 1975. - See more at: investorspedia.blogspot.in/2013/08/corporate-fixed-deposits.html#sthash.QUtVZ8gJ.dpuf
Posted on: Wed, 21 Aug 2013 07:23:02 +0000
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