Difference between Demand Liabilities and Time Liabilities of Banks

Demand Liabilities and Time Liabilities of Banks

Demand liabilities are the deposits received by banks which they have to pay when demanded by the depositors. For example, Current and Savings Bank Account Deposits, Demand Drafts (FD) and Deposits held as security for advances which are payable on demand. Time liabilities are the deposits banks receive that they have to pay after a … Read more