BANKING SECTOR
This query is : Resolved
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?
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
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
