what is the meaning of LETTER OF CREDIT?
Answer Posted / padma
The Letter of Credit is issued by the bank, in favour of
repayable secured guaranteeing a clients ability to pay
for goods or services.
| Is This Answer Correct ? | 14 Yes | 3 No |
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is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
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