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Funded loans - When bank provides credit facility with funds (real cash), it is called funded loan. For example, •A term loan is a monetary loan that is repaid in regular payments over a set period of time. •A demand loan is a borrowing where the lender is allowed to recall the loan on short notice. An example of a demand loan is an overdraft facility. •Here, though the bank does not call for the borrower to repay, but the borrower can pay in full without any early repayment penalty. Un-Funded Loans Un-funded or non-funded loans are like guarantees and documentary credits, where bank does not give any cash but take risks of the companies and charge commission for the same. Eg. Letter of Credit, Tender bonds, Bills Purchased – refers to demand bills and cheques, Bills Discounted
_______________ has signed United Nations supported Principles for Responsible Investment (UNPRI) demonstrating its commitment towards Environment, Soci...
GST collection grew 13 percent in March to ______— the second-highest mop-up since the rollout of the indirect tax regime.
Recently SEBI imposed a penalty of Rs 1 crore on which of the followings company for misutilization of client securities.?
Under the Nasha Mukt Bharat Abhiyaan, what is the specific focus area mentioned in the MoU between the Department of Social Justice and Empowerment and ...
What is the main objective of celebrating Statistics Day on June 29 in India?
Which of the following organization gets DSCI AISS Award for ‘Best Security Practices in Government Sector’?
Consider the following statement about “Indira Gandhi Prize for Peace”.
1. It is awarded to individuals only
2. Recently, it was j...
Which of the following projects was not inaugurated during PM Modi’s visit to Mauritius?
In a move to deepen the bond market, the Securities and Exchange Board of India (SEBI) has introduced sops for large corporates (LCs), which have raised...
How much did the Centre earmark for Phase III of the PMGSY (Pradhan Mantri Gram Sadak Yojana)?
