Danendra Jain (manager) (614 Points)
24 December 2012
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 24 December 2012
FDR Related to LC Given is to be Treated as Current Asset, For Permissible Bank Finance, Since Treat This as a Normal FD.
Just You Have Collateral These FD to Bank.