FAQ- Classified investment (1)

The A – Z of Classified Investment

The A – Z of Classified Investment Faq-Classified investment related questions are given below: ✅ Question : 01 :: What is the  Categories of Loans and Advances ? Ans: All loans and advances will be grouped into four (4) categories for the purpose of classification, namely- (a) Continuous Loan (b) […]

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Security- Concept & Types Characteristics of good Security Proper Valuation of Security

Security- Concept & Types Characteristics of good Security Proper Valuation of Security

Security- Concept & Types Characteristics of good Security Proper Valuation of Security One of the most important functions of a bank is to employ its fund by way of Investments/loans and advances to its customers and a bank’s strength depends considerably on the quality of its Investments/loans and advances. Though […]

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Letter of Guarantee and Indemnity Bid Bond

Letter of Guarantee and Indemnity Bid Bond

Letter of Guarantee and Indemnity Bid Bond and Performance Advance Payment Guarantee, Foreign Guarantee etc. Letter of Guarantee and Indemnity Bid Bond Definition: The guarantee has been defined very clearly in various statutes of law in various parts of the world; however, the substance of all these definitions is the […]

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Security-Concept & Types-Characteristics of good Security- Proper Valuation of Security

Security-Concept & Types-Characteristics of good Security- Proper Valuation of Security

Security-Concept & Types-Characteristics of good Security- Proper Valuation of Security Security-Concept & Types-Characteristics of good Security- Proper Valuation of Security                                                                            By Md. Towhid Hossain, SVP, IRMD, SIBL, HO. Introduction: One of the most important functions of a bank is to employ its fund by way of Investments/loans and advances to […]

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What precautions should be taken by a banker before advancing the loan or Investment

What precautions should be taken by a banker before advancing the loan or Investment What precautions should be taken by a banker before advancing the loan or Investment Who is a banker? Banker is a person who mange the bank by his knowledge, skills { a) Educational Qualities, b) Technical […]

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Security against Loan

 Security against Loan Normally a banker does not lend money without adequate security. Security is meant to be an insurance against the money lended. The different types of securities which may be offered to a banker generally are as follows: (i) Immovable properties (ii) Movable properties (a) Goods (b) Documents […]

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Loan against stock exchange securities

Loan against stock exchange securities The following are the drawbacks of advancing money against stock- exchange securities : (i) Liability to pay in case of partly-up shares. In case partly paid shares have been transferred in the banker’s name and the company makes a call, the banker will have to […]

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Loan against Documents of Title of Goods

Loan against Documents of Title of Goods Documents which in the ordinary course of trade, are regarded as proof of the possession or control of the goods, are called documents of title. They authorize the holder thereof to transfer or receive goods which are mentioned therein. Bill of lading, dock […]

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Loan against Supply Bills

Loan against Supply Bills Loan against Supply Bills: The Government and Semi-government Departments or institutions make their purchases from the market by inviting tenders. The person or contractor who quotes the lowest price, gets the order for supply of the goods or completing the work. Before the goods are finally […]

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bank guarantee

What is bank guarantee?

What is bank guarantee? What is bank guarantee? A guarantee is a promise made by the person/organization (or guarantor) to the Banker that he will pay the present or future debt in case of default by the principal debtor. So the guarantor is undertaking to repay the debt in case […]

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