Complete Guide to RBI’s Fair Practices Code (FPC): Rules, Reforms & Impact on Borrowers
An essential within any economy, the financial systems advance the channel for capital access while…
12 months ago
SME Loan Management
Inland Letter of Credit – Its Purpose, Benefits and Types
Domestic or Inland Letter of Credit - Meaning and Purpose Unpredictable situations such as delayed…
1 year ago
Renewal and Increase of Credit Limit for Business
Overview Entrepreneurs are always in need of capital for one purpose or another. They might…
2 years ago
Fund and Non-fund Based Loans Explained
Overview Businesses are constantly in need of an influx of funds to fulfil their one…
2 years ago
Loan Foreclosure
Overview Business owners typically seek business loans from time to time for various business purposes,…
2 years ago
What to Look for in a Bank’s Sanction Letter?
Most of the SME entrepreneurs/business owners in India would vouch for the fact that it…
2 years ago
Prepayment of Loans
A borrower borrows funds from Banks & Financial Institutions to meet its business needs and…
2 years ago
Understanding Cash Credit, Overdraft (OD) and Dropline OD
Demystifying the most common types of fund based working capital instruments; Cash credit, Bank Overdraft…
2 years ago