Cash Credit against Book Debts - A Discussion Vinu: Hi Manu, can you help me understand how to assess the Cash Credit or Overdraft limit for a business entity against Book Debts as security? Manu: Sure, Vinu. Assessing the limit involves a thorough evaluation of the business’s financial health and t...
Partnership Reconstitution: Key Actions for Lending Bankers Vinu: Hey Manu, I've been reading up on the reconstitution of partnerships and the actions we need to take from a lending banker's perspective. Can we discuss this? Manu: Sure, Vinu. What specifically do you want to know about? Vinu: What a...
Understanding LC Bill Discounting: A Guide for Exporters Vinu: Hey Manu, I've been hearing a lot about LC bill discounting lately. Can you explain what it is? Manu: Sure, Vinu. LC bill discounting is a financial service that allows exporters to receive immediate cash by selling their export bills to...
Mastering Financial Tracking in Interior Design: Understanding the Percentage of Completion Method Vinu: Hey Manu, I'm working on a big interior design project and trying to figure out how to account for it financially. I heard about this percentage of completion method, but I'm not sure how it appl...
Leveraging GST Data: How Banks Evaluate Borrowers for Business Loans Vinu: Hey Manu, I've been hearing a lot about how banks are using GST data to evaluate borrowers for business loans. Can you explain how that works? Manu: Sure, Vinu. GST data provides a detailed and reliable financial snapshot of ...