Minimum rate of interest to be charged
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 June 2013
A company has obtained a loan from one of the director's. What is the minimum rate of interest on such loan?
Also what is the minimum rate of interest for loan obtained from it's sister concern?
Also what is the minimum rate of interest for loan obtained from it's sister concern?
26 June 2013
it is depend on situation to situation
but intt rate will be below the rate intt
from bank
but intt rate will be below the rate intt
from bank
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