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Introduction : Govt. Companies

Section 2 (18) of The Companies Act, 1956 defines the term Government company " means a Government company within the meaning of section 617.

In terms of Section 617 of the Companies Act, 1956 a Government company means any company in which not less than fifty-one per cent of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary of a Government company.

Name of the Companies Rating Rate of Interest % Interet Mode Mode-
Min. Amt. (fig. in 000) M/Q/H/Y/C
12M
24M
36M
48M
60m
HUDCO LTD.
AAA
5.50
5.75
6.00
6.00
6.00
C/Y/Q/H-50
KERALA TRANS. DEV. FIN. COR. LTD.
-
6.75
7.00
7.50
7.50
7.50
M/Q/C-5
NTPC LTD.
FAAA
5.25
5.50
5.75
-
-
M-100;Q/C-5
SARDAR SAROVAR NARMADA NIGAM LTD.
5.50
6.50
7.50
-
-
M-15;H/C-5
SIDBI   5.50 5.75 6.00 6.00 6.00  
T.N. POWER FINANCE & INFRASTRUC. DEV. CORP. LTD. (yields) FA+ 6.17 6.92 7.76 8.05 8.36 Q-10;C-10



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M: MONTHLY; Q: QUARTERLY; H: HALF YEARLY; Y: YEARLY; C: CUMULATIVE. – : NOT AVAILABLE MANUFACTURING COMPANIES ACCEPTING FRESH DEPOSITS
Before investing in fixed deposit schemes of your choice, please read the statutory advertisement issued by the company in leading newspapers.

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