Bids Open for Citizen Investment Trust's Fixed Deposits
Thu, Nov 5, 2020 10:30 AM on Latest, Interest Rates,
Citizen Investment Trust (CIT) has published a notice seeking quotation of Fixed Deposit interest.
CIT wants to deposit a segment of its fund amounting to a little over 14.76 Arba as fixed deposits. It expects the maturity period to be a year or two.
CIT is thus seeking "A" class financial institutions to bid for the amount they want to take as fixed deposits, the interest rates for the deposit, and the frequency of interest payment. The bids should be submitted by 1 PM, Kartik 24.
