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Channel Financing / Supply chain financing

  RAM KUMAR GUPTA    04 August 2015 at 10:44

Channel Financing / Supply chain financing. Channel financing is a structured programme though which the bank offers short term working capital facilities to the supply chain stake holders i.e. buyer and the supplier.

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Posted in Others  9 comments |   144813 Views

All about forfeiting

  RAM KUMAR GUPTA    19 August 2014 at 11:18

Forfeiting is another way of getting finance against the capital goods exported through purchase of bill by some other person/company, called forfeiter, which purchases all such export bills which shall be due on future dates. The important point in

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Posted in Professional Resource  1 comments |   7215 Views

Non Fund Based Credit Facility by Banks

  RAM KUMAR GUPTA    23 July 2014 at 12:43

IMPORTANT POINTS FOR LETTER OF CREDIT AND BANK GUARANTEEWHO IS? APPLICANT:The buyer /importer of goods: This person has to make payment of letter of credit to the issuing bank if the documents are in accordance with the terms and conditions of LC.1.

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Posted in Audit  6 comments |   49875 Views

Payment of Term Deposit with mandate revised guidelines

  RAM KUMAR GUPTA    20 March 2014 at 11:51

PAYMENT TO EITHER OR SURVIVOR IN DEPOSITS OF BANK-REVISED GUIDELINES OF RESERVE BANK OF INDIAMy purpose to write this article is to make, the people at large, aware of the changes made by Reserve Bank of India which have material impact on their deci

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Posted in Audit  1 comments |   14397 Views