The
Definition Of

Primary deposits

Primary deposits are those deposits that bank collects from different surplus stakeholders in the economy by different accounts. These consist of cash deposited by the people with the banks in different deposit account such as savings deposits, time or fixed deposits, current or demand deposits & other deposits. The depositors themselves take the initiative of creation of these deposits.

Share it:

More from this Section

  • Unsecured debt
    Unsecured debt is a debt which is not guaranteed by collateral.
  • Business Values
    values represents basic convictions that a specific mode of conduct or end stat of existence is personally or socially preferable to an opposite or converse mode of conduct or end stat of existence.”
  • Diamond of National Advantage
    Diamond of national advantage refers to the phenomenon that a strongly competitive home market can sharpen a firm’s competitive advantage relative to firms ...
  • Obligation
    Obligation is the responsibility to perform some act or pay a sum of money when due.
  • Defensive open market operations
    Defensive open market operations is the open market operations intended to offset movements in other factors that affect the monetary
  • High-powered money
    High-powered money is the monetary base.
  • Default Risk Premium
    Default Risk Premium is the component of a required interest rate that is based on the lenders’ perceived risk of default.