During the month of December 2018 fixed deposits worth Rs 109.96 Cr (14 splits) are due for maturity (Net) on various dates and the Company may receive grants during December 2018 from Government also be available for keeping fixed deposits. Hence, the eligible banks having branches at Hubballi Dharwad city jurisdiction can participate in the e-bidding process. If the rates from the private sector schedule commercial banks found competitive the deposit ratio would be 70:30 in between Public Sector/ Regional Rural Banks and Private sector scheduled commercial banks. The Company has sole discretion to decide the number of days of FDs to be kept.
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