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Provisioning Norms of RBI
Provisioning is a critical aspect of banking regulations aimed at ensuring financial stability and safeguarding the interests of depositors and lenders. In India, the Reserve Bank of India (RBI) establishes guidelines for provisioning, which are essential…
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BoB Corporate Credit MSME Credit
Simplifying different Types of LC in One Table here: https://www.instagram.com/p/Ct-49JksSqr/ (Follow us in Instagram For More Such Content)
Simplifying different Types of LC in One Table here: https://www.instagram.com/p/Ct-49JksSqr/ (Follow us in Instagram For More Such Content)
Which type of LC allows the beneficiary to receive an advance payment before shipping the goods?
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17%
Revocable LC
43%
Red Clause LC
19%
Usance LC
21%
Confirmed LC
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A Comprehensive Guide to Understanding Different Types of Letters of Credit (LC)
Letters of Credit (LC) play a crucial role in international trade, providing a secure payment mechanism for buyers and sellers. There are various types of LCs, each tailored to meet specific trade requirements and provide financial security.
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Rbi Grade B 2023 | Top MCQ of Current affairs 2023 | By-Praveen Sir
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PIK Bonds Decoded : Did You Know This Earlier
Did you know that there's a fascinating type of bond that allows issuers to make interest payments using additional bonds instead of cash? It's called a Payment-in-Kind (PIK) bond. Let's explore this distinctive financing tool that offers flexibility and…