Accountancy, asked by cneha3043, 3 months ago

RBI has recommended methods to finance working capital requirements​

Answers

Answered by vaishalicomca20
0

Explanation:

According to these guidelines: Borrowers with a working capital limit of Rs 150 crore and above will need avail of the first 40 percent of their limit in the form of a "working capital demand loan". This provision comes into effect from April 1, 2019. From July 1, the loan component will go up to 60 percent

Answered by Farhan2240
0

Explanation:

According to these guidelines: Borrowers with a working capital limit of Rs 150 crore and above will need avail of the first 40 percent of their limit in the form of a "working capital demand loan". This provision comes into effect from April 1, 2019. From July 1, the loan component will go up to 60 percent.

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