There is usually a window of five working days between the notification of the decision ( when it is placed on public deposit ) when a call-in can be requested.
22.
Japan's lower house finance committee Friday passed legislation allowing the semi-public Deposit Insurance Corp ., a banking system safety net, to provide money to cash-strapped banks that agree to merge.
23.
Nearly 25 to 30 per cent of more than Rs20, 000 crore in public deposits in the NBFC books will be defaults as a direct fallout of the RBI measures.
24.
Somchai Mitpaibul, managing director of SCB Asset Management Co Ltd, believes deposit-taking institutions will insure only some of the public deposits worth around Bt6 trillion, once the Deposit Insurance Fund is established.
25.
Hence, by the same rationale, RBI has rightfully made ratings mandatory for NBFCs who access public deposits . " Interestingly, there is a hue and cry among finance companies over this requirement.
26.
Lending to builders and developers has grown to such an extent that it equals 28 % of all bank lending, or " " the approximate value of all public deposits with retail banks.
27.
Issued under the provisions of the act by Federal Land Banks or Joint-Stock Land Banks shall be a lawful investment for all fiduciary and trust funds, and may be accepted as security for all public deposits.
28.
The treasurer chairs the Public Deposit Insurance Fund and the Board for Depositories that insures the deposits of municipal governments in the state, much as the Federal Deposit Insurance Corporation insures private accounts, except without limiting the amount of the insurance.
29.
Kotak Mahindra's public deposits rose more than four times to about 2 billion rupees ( $ 55.8 million ) last year after the central bank loosened its policy in August 1996 on what deposit rates finance companies could offer the public, Dam said.
30.
Chatu Mongol said that the International Monetary Fund ( IMF ) had been fully informed and agreed to the closure of the companies . " But if the IMF wants us to protect public deposits, we also agree to do so, " he noted.
