Interest rates
This query is : Resolved
Rajashekhar
(Querist)
11 June 2013
why interest rates are low in long run for FD 's i.e
2-3yr-8%
3-4yr 9%
4-5yr 8.5%
i have observed in many banks....
plz any one can explain.....
2-3yr-8%
3-4yr 9%
4-5yr 8.5%
i have observed in many banks....
plz any one can explain.....
Anil Sankar V
(Expert)
11 June 2013
you have concept of compund interest
Rajashekhar
(Querist)
11 June 2013
i cant get you....can you explain elaborately.....
CMA Ramesh Krishnan
(Expert)
24 August 2013
while long term, outgoing interest cost(amount) for the bank will be more so rate is less
In shorterm the out going interest (amount is less)
In shorterm the out going interest (amount is less)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Visiting card purchase
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- GST on reimbursement of expenses
- Number of years as per AS amortisation of Goodwill
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Wrong CMPo8 file
- Additional trade name
- Whether output tax is taken credit by purchaser
- Equity Share Sale and Purchase
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
