What does it mean?

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semi qualified chartered accountant
981 Points Posted on 23 July 2011

non fund based credit facilites does not considered as loan. wat does it actually mean. wat r non fund based credit facilites

                                                                  thanks in advance

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On 23 July 2011 at 13:18 Report
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semi qualified chartered accountant
981 Points Posted on 23 July 2011

i want in some brief manner

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On 23 July 2011 at 16:05
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Audit Executive
1823 Points Posted on 23 July 2011

Non fund based facilities are services provided by a bank to a client  where no transfer of fund is involved.

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On 23 July 2011 at 16:30

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