Found inside – Page 70This is because individual deposits are relatively low-cost and account for ... their lending and investment operations from borrowings from the apex bank. Found inside – Page 6-37Promotional Institutions Regulatory and Part 2 should pay interest on these deposits , and the rate of interest for this purpose should be lower than the ... Found inside – Page 87The commission or additional interest charged by the Apex Banks varies from 1/2 percent to 11 per cent . The additional rate of ... We have noticed that some of the Central Cooperative Banks receive fixed deposits at high rates . They desire to ... Found inside – Page 54During the year 1959-60 , the credit limit of the Bank was fixed at Rs.1 25 lakhs , 16 Method of disbursement : The ... the amounts to the Apex Bank towards repayment of the Reserve Bank of India loans , 19 Rate of interest paid on deposits ... Found inside – Page 295Central bank : An apex bank , which is in charge of the conduct of monetary ... Cost of capital : The cost of acquiring capital , given by interest rate ... Found inside – Page 166... I Column II (a) SLR (i) Fixed by the commercial banks (b) Primary deposits ... rate (d) Repo rate (iv) 1 CRR × Cash Reserves (e) CRR (v) An apex bank of ... Found inside... Goals Development Provides all kinds of Banking Services and credit facilities Your Deposit with Meghalaya Apex Bank fetches higher interest yield Even Current Alc earns interest Our Interest Rates on Deposits are : Fixed / Term Deposits ... Found inside – Page 63They accept fixed deposits from co - operative institutions , and individuals , and assist the member banks in times of crisis by providing funds to ... Further , the apex banks are in a position to borrow from the central money market and thus link the rural societies indirectly with the main source of credit . They are also in a position to secure call money from the scheduled banks at current rates of interest . Found inside – Page 11(a) No bank will be able to give loan to any patron at a rate lower than the Bank ... (d) Banks will be required to give 6% of their total deposits to the ... Found inside – Page 468The Mysore State Cooperative Apex Bank Ltd. , 0 BANGALORE - 18 . ... Bank accepts fixed and other Deposits at the following rates of interest with effect ... Found inside – Page 67Funds may be advanced to the apex banks at allowed an apportunity at Government cost to visit the a rate of interest equivalent to the Reserve Bank of ... Found inside – Page 11(a) No bank will be able to give loan to any patron at a rate lower than the Bank ... (d) Banks will be required to give 6% of their total deposits to the ... Found inside – Page 356Constitution & Management The bank is managed by a Board of Directors ( 9 elected by the members ' cooperative societies ... by tapping of deposits and borrowings from the Punjab State Cooperative Bank Ltd. , Chandigarh ( Apex Bank ) Reserve Bank of ... B. Saving Bank Accounts , C. Fixed Deposits . D. Recurring Deposits . E. Short term Deposits . F. Long Term Deposits and Deposits from staff members are allowed at 1 % higher rate of interest than the prescribed rates of interest ... Found inside – Page 87The commission or additional interest charged by the Apex Banks varies from 1 / 2 percent to 11 per cent . ... to the various cooperative societies and have , perforce , to charge a higher rate of interest than what they pay on fixed deposits . Found inside – Page 11(a) No bank will be able to give loan to any patron at a rate lower than the Bank ... (d) Banks will be required to give 6% of their total deposits to the ... Found inside – Page 82The distinction between the Central Bank and Commercial Banks in relation to their ... account and earn interest at the rate applicable to fixed deposits. Found inside – Page 11the cooperative banks , the Second Five year Plan ( 1956-61 ) provided for the state taking shares in the central ... As a result , the expansion of the central bank's business has taken place mainly with the help of increased borrowings from apex banks . ... Efforts were made in many states to attract more deposits by raising interest rates , by propaganda and advertisement . ... Deposits from the public are obtained by providing facilities for current , savings , and fixed deposit accounts . Found inside – Page 67The fund is still in the fixed deposit ' account of the Bank without any rules being framed for its utilisation and the ... According to the Government Order sanctioning the fund , the Food Department was to contribute to the fund at the rate of Re . Found inside – Page 55to the apex bank . ... We have , in regard to urban cooperative banks , discussed the need to enable the central financing agencies to meet the demands ... use cooperative banks as their bankers and maintain their current accounts , savings accounts and fixed deposits with them . ... or government should advance substantial loans at a nominal rate of interest repayable in a fixed number of instalments . Found inside – Page 309On which rate, RBI has recently deregulated the rates of interest to be provided by ... A. sub-standard asset for more than 3 years D. Fixed deposit 3069. Found inside – Page 127These are again scrutinised by the apex bank . ... Thus , though average interest cost of fixed deposits amounted to about 6 per cent at the central bank level , the average interest cost of all outside funds amounted to 4.09 per cent at the central ... Found inside – Page 129It eased restrictions on bank deposits, reduced interest rates (which remain fixed by the CBM), allowed banks to introduce new products, expanded types of ... Found inside – Page 22Credit facilities are also The Bank has been instituted by the National provided to the government recognized as one of ... For Term / Fixed Deposits unemployed youths of the state . ( i ) 15 days to 45 days 4.25 % p.a. Interest Rates on Deposits ( ii ) 46 days to 179 days 5.00 % p.a. The present rates of ( iii ) ... The Meghalaya Cooperative Apex Bank is the first State Cooperative Bank in the country to open women branches - one at Mawkhar , Shillong and the other at Chandmari , Tura . Found inside – Page 26... Total 51.6 59.1 44.2 It will be noticed that apex banks ' investments in fixed deposits with other banks and other investments ... Rates of interest The accommodation from the Reserve Bank to apex banks for financing short - term agricultural ... Found inside – Page 198If surplus funds are available , they may be kept in deposit with the apex bank whose resources are thereby ... can profit on the higher interest rates earned by them by keeping the funds by way of fixed and call deposits with the apex bank . Found inside – Page 58appointment as among the alternative modes of investments depends upon factors such as the interest rate offered by the apex bank for short - term and fixed deposits and the interest charged on the borrowings from it . In cases where interest ... Found inside – Page 147Interest Cost of Deposits : State Co - operative Banks 8.29 For the 13 banks , the average interest cost of all deposits works out to ... Also in several cases the rate of interest paid on fixed deposits is rather high - over 6 per cent per annum . be mentioned here ... On fixed and other deposits , the average interest cost to central banks works out to 6.45 per cent which is higher than that for the apex banks . Found inside – Page 64Loans to individuals should be given only to a very limited extent against their fixed deposits in the bank . The rate of interest paid by the Apex Banks on their deposits varies from 1/4 to 1 % on current deposits ; 11 to 21 % on savings deposits ... Found inside – Page 11(a) No bank will be able to give loan to any patron at a rate lower than the Bank ... (d) Banks will be required to give 6% of their total deposits to the ... Found inside – Page 6-8A central bank is a bank specially created by the government to serve as an apex ... The rate of interest at which commercial banks accept deposits from the ... Found inside – Page 1-95NABARD : The National Bank for Agriculture and Rural Development ( i ) Started from ... ( ii ) Rate of interest increases with the longer time of deposit . Found inside – Page 345But the bulk of the facilities had been availed of mostly by the developed apex banks of the two states of Madras and Bombay . ... The concessional rate at which the Reserve Bank granted loans helped to reduce the interest rate charged to members . ... term loans could be best discharged by the land mortgage banks which possessed long - term funds raised by shares , debentures and fixed deposits . Found insideHYDERABAD , ( Estd . 1915 ) ( APEX BANK FOR TELANAGANA AREA OF ANDHRA PRADESH ) Phone No. ... Fixed Deposits accepted for periods from one to five years at rate of interest ranging from 41 % to 51 % Interest paid half yearly . Found inside – Page 32-7... Interest ( a ) On Lending ( b ) On Borrowings ( c ) On Deposits Rate of ... Loans repaid to Apex Bank or Central Societies Other Capital Receipts — 5 . Found inside – Page 138These deposits carry a high rate of interest. Q. 14. ... Ans. De Kock defined central bank as “a bank which constitutes the apex of the monetary and banking ... 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