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Q. What do you mean by Public deposits?
Public deposits are the fixed deposited by the business enterprises directly from the company. This source of the raising the short terms and the medium terms finance was the very popular in the in the banking facilities. in the past generally public deposited is accepted by the generally by the textile industries in Mumbai for the period of the six month to 1 year but now a day even long terms deposit for the 5-7 year are accepted by the business house.
We defined the conversion premium as the difference between the market price of the convertible and the conversion value. The conversion premium ratio tells us ab
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aggressive policy
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