Letter of Credit (LC) and the ‘Standby Letter of Credit' (SBLC) are used by Importers and Exporters in International Trade…
What is Diversion of Funds? Diversion of Funds means (mis)utilization of Funds for a purpose for which loan was not…
Meaning of pari passu charge - Pari-passu is a Latin phrase, which means "equal footing". Thus pari passu charge means,…
CGTMSE Scheme known as “Credit Guarantee Fund for Micro and Small Enterprises” is a guarantee fund set by Government of India…
A letter of credit is issued (opened) bank a Bank on the request of his buyer customer in favour of seller, which…
Working Capital is a financial indicator of operational liquidity of a business organization. Working Capital is the short term assets…
Credit Appraisal is a process which require sufficient knowledge and proper due diligence. Credit involves risk of default, which can…
Infrastructure and core industries projects have a long gestation periods and large capital investments. The repayment period for loans to…
Equitable mortgage is most common type of mortgage in India. But there are different types of mortgages. What is mortgage,…
Analysis of holding period is an important aspect while sanctioning working capital facilities in Banks. In this article, we have…