From THE HINDU group of publications
Sunday, June 03, 2001


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DCA caps company deposits returns at 14 pc

The Department of Company Affairs (DCA) has capped the annual interest rate on public deposits mobilised by non-banking and non-financial companies at 14 per cent.

The new limit on the interest rates is one per cent lower than the current cap of 15 percent.

Section  : Bonds & FDs
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