while deciding the limit to be granted to a client does bank considers security deposites reflecting in a clients balance sheet as a current asset.reply soon
Lalit Kumar
(Vice President )
(2213 Points)
Replied 05 March 2011
wat kind of Security deposit is this?? Is it a EB connection deposit, Advance Rent Deposit..? anyways, bein prudent i dont think the Bank is gonna consider any sort of Deposit in CA for calculating the limit..