BANKING SECTOR
This query is : Resolved
POORNIMA NAYAK
(Querist)
14 March 2011
Dear Sir
Can you tell me what is funded and non funded exposure with respect to banking companies?
Can you tell me what is funded and non funded exposure with respect to banking companies?
CA Chandresh Agrawal
(Expert)
15 March 2011
Fudn based exposure means where banks money is blocked like loan, cash credit facility etc.
Non funded exposure means where banks money is not blocked like LC facility where bank is required to issue only letter for ensuring creditability of purchaser so here bank is not giving money but just assuring his creditworthiness
Non funded exposure means where banks money is not blocked like LC facility where bank is required to issue only letter for ensuring creditability of purchaser so here bank is not giving money but just assuring his creditworthiness
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