07-16-2003, 03:29 PM
i have two questions in relation to bank audits.
1. can bank offer different mark up rates on same kind of deposits to different parties.
2. if one bank MAINTAIN DEPOSIT ACCOUNT IN OTHER BANK THAN WILL TAHAT BE TREATED AS DEPOSIT OR BORROWING?
& CAN WE TREAT IT AS DEPOSIT DESPITE THE FACT THAT DIFFERENT MARK UP RATE IS BEING PAID ON SAID DEPOSITS?
quoting of circularS/book reference in this regard will be helpful?
saahil
ranjeet
1. can bank offer different mark up rates on same kind of deposits to different parties.
2. if one bank MAINTAIN DEPOSIT ACCOUNT IN OTHER BANK THAN WILL TAHAT BE TREATED AS DEPOSIT OR BORROWING?
& CAN WE TREAT IT AS DEPOSIT DESPITE THE FACT THAT DIFFERENT MARK UP RATE IS BEING PAID ON SAID DEPOSITS?
quoting of circularS/book reference in this regard will be helpful?
saahil
ranjeet
