Danendra jain

Danendra Jain (manager) (614 Points)

24 December 2012  

FDR held as margin onf LG or LC -------------Are they treated as current asset for computing permissible bank finance ?


If yes why?


Are such FDR current asset for calculating current ratio?


If yes why?


Why FDR held as margin against LG or LC are treated differently , yes as current asset for current ratio and not as Current asset for computing Net working capital and MPBF?