Deposit: Difference between revisions

42 bytes added ,  26 November 2019
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===Who can take [[deposit]]s?===
===Who can take [[deposit]]s?===
Only regulated [[credit institution|credit institutions]] are allowed to accept deposits.  They are a topic of some debate when banks and financial institutions enter into financing concepts with a [[cross default]] in them.
Only regulated [[credit institution|credit institutions]] — [[banks]], in the vernacular — are allowed to accept [[deposit]]s.  They are a topic of some debate when banks and financial institutions enter into financing contracts with a [[cross default]] in them.


===Limitation Act 1980===
===Limitation Act 1980===