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What Do You Mean By Bank Fixed Deposits? |
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Answer» Bank FIXED DEPOSITS are deposits that are collected from INVESTORS by BANKS for a SPECIFIC time period are known as bank fixed deposits or bank term deposits. These form the main area of raising funds for banks. Bank fixed deposits are deposits that are collected from investors by banks for a specific time period are known as bank fixed deposits or bank term deposits. These form the main area of raising funds for banks. |
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