BANKS AUDIT....

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HI......Can anyone tell me what is re-investment plan in banks???

How is it different from fixed deposit???

Replies (3)
Originally posted by :richa jindal
"  
HI......Can anyone tell me what is re-investment plan in banks???
How is it different from fixed deposit???
"


 

Reinvestment plan is nothing but investing the interest earned on due dates on  FD again.

Please send me background material for

  1. Audit of Bank
  2. Audit of Shipping business
  3. Audit of Power generation enterprise

send your suggestions to

psrinivas1 @ in.com

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