BANKING INDUSTRY
This query is : Resolved
24 January 2008
PLS TELL ME WHAT IS FUND BASED AND NON-FUND BASED CREDIT LIMIT AND WHAT IS CMA DATA PREPARATION.COULD YOU SUGGEST ANY BOOKS FOR THIS THIS IS URGENT
26 February 2008
Fund based credit limits are where funds are made available for borrowal-Cash credit, WCDL, Term Loan etc.
Non Fund based are where facilities are extended like Letter of credit, Letter of guaruarantee etc.,
Non Fund based are where facilities are extended like Letter of credit, Letter of guaruarantee etc.,
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