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Bank over Draft

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(Querist)
21 August 2008 Bank Overdraft is an Asset or a liability for a Bank?
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
21 August 2008 In case the OD limit has been availed by the borrower, then it is an asset for the bank.
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CHEZHIYAN

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CHEZHIYAN (Expert)
21 August 2008 Asset
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