discuss the new trends in financing of working capital by bank
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Explanation:
तुम दोस्त बनके ऐसे आए ज़िन्दगी में,
कि हम ये जमाना ही भूल गये,
तुम्हें याद आए न आए हमारी कभी,
पर हम तो तुम्हें भुलाना ही भूल गये।
ma tume bhul jau asa kabhi ho nahi sakata
or tum muje bhul jao asa ma kabhi hone nahi dunga ..XD
Answered by
1
National Credit Council constituted a committee under the chairmanship of Shri V.T. Dehejia in 1968 to ‘determine the extent to which credit needs of industry and trade are likely to be inflated and how such trends could be checked’ and to go into establishing some norms for lending operations by commercial banks.
The committee was of the opinion that there was also a tendency to divert short-term credit for long-term assets. Although committee was of the opinion that it was difficult to evolve norms for lending to industrial concerns, the committee recommended that the banks should finance industry on the basis of a study of borrower’s total operations rather than security basis alone.
The committee was of the opinion that there was also a tendency to divert short-term credit for long-term assets. Although committee was of the opinion that it was difficult to evolve norms for lending to industrial concerns, the committee recommended that the banks should finance industry on the basis of a study of borrower’s total operations rather than security basis alone.
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