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Durga prasad swain Swagat mohapatra
. Bank mobilize saving from people in urban and rural areas and make funds available for lending. The main function of a commercial bank is management of its liabilities (Deposits) and assets (Advance and Loan).INTRODUCTION Commercial banks play an indispensable role in the development of the country. Deposits are the most important source of funds for commercial bank.
Importance of deposit management Life blood of bank Basis of lending Mobilizing of saving Investment in govt. securities Role of intermediary .
Types of deposits account Demand deposits Savings deposits Fixed deposits .
Important Deposit Schemes Cash certificates(fixed deposit scheme) Daily saving scheme Minor saving scheme(kiddy bank scheme of Andhra bank) Monthly interest scheme(fixed deposit Account) Retirement scheme .
CONT Farmer deposit scheme House safe saving scheme Marriage /Education saving scheme Insurance linked scheme .
Problem in deposit mobilization Lack of innovative deposit schemes Schemes only for urban depositors Lack of publicity techniques Lack of trained staff Lack of service facilities .