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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Trans Fast Money Transfer

Trans Fast Remittance USA: Fast, Secure, and Reliable Money Transfer Service

Trans Fast Remittance USA: Fast, Secure, and Reliable Money Transfer Service Are you looking for a fast, secure, and reliable way to send money to your loved ones in the USA or abroad? Look no further than Trans Fast Remittance USA, the leading provider of international money transfer services. In […]

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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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How-to-recovery-classified-Investment

How to recovery classified Investment

How to recovery classified Investment Recovery of Classified Investment Discipline in the investment portfolio of the branches must be maintained at any cost. Investment circulars/instruction/procedures and norms should always be meticulously followed. Discretionary powers must not be violated. Without maintaining the investment sanctioning discipline, the clients can cheat with the […]

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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 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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