financial institutions or NBFC includes in company's banker

This query is : Resolved 

17 January 2008 whether the temperory loans taken from financial institutions or NBFCs are count as loans taken from company's bankers as per section 293(1)d of the companies act 1956 or not?

20 January 2008 NBFCs are not considered as bankers.

27 February 2008 Please clarify what exactly you refer to by financial institutions


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