What is Ind AS and why it is important for Bankers?

access_time 2023-06-23T11:21:30.895Z face CA N Raja
Demystifying Ind AS: A Must-Know for Bankers A Conversational Journey with Manu & Vinu Introduction: In today's fast-paced financial landscape, it's crucial for bankers to grasp the essence of accounting standards. One such framework, the Indian Accounting Standards (Ind AS), has been making waves. ...

How to Read Balance Sheet?

access_time 2023-04-19T09:05:08.072Z face CA N Raja
Start by examining the company's assets, which are listed in order of liquidity. This means that the items listed first are the ones that can be easily converted into cash. Look at the current assets, which include cash, accounts receivable, and inventory. These are the assets that the company expec...

How to measure Debt Repayment Capacity in the case of Term loans?

access_time 2021-06-29T09:17:28.913Z face CA N Raja
How to measure Debt Repayment Capacity in the case of Term loans? Term loans are long tenure loans given for a period of 3 - 8 years for putting up a project. Project may be - Putting up a factory - Construction of a building - Purchase of Plant and machinery etc. These projects are focused on - Inc...

What is Loan Moratorium?

access_time 2021-06-26T08:57:43.314Z face CA N Raja
What is Loan Moratorium? Loan Moratorium is legal permission given for the deferment of a loan. This Moratorium can be given at two stages:- 1) At the time of sanction of loan, considering the project implementation period. 2) when the borrower approaches the bank for deferring the payment due to fi...

What is cash credit? How it is different from Overdraft?

access_time 2021-06-26T08:46:42.586Z face CA N Raja
What is cash credit? How it is different from Overdraft? Cash credit is short term working capital loan facility given by banks to Business entities to manage their working capital. It is a highly regulated credit facility and the borrower has to submit a stock statement at periodical intervals to d...