What is the minimum current ratio that bank would desire an unit to have while granting working capital ?
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The assessment of working capital requirement of borrowers, other than SSI units , .... If a borrower so desires, higher loan component can be granted by the bank; this would entail ... These are usually defined as assets that are cash or will be ... The current ratio is also called the working capital ratio.
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Banks are now free to decide on the minimum current ratio and determine the working capital requirements according to their perception of the borrowers
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