What is meant by debt ceiling??

Others 785 views 2 replies

Hi Friends....

                         You know what is meant by the concept of debt ceiling?? please explain.....

Replies (2)

the maximum borrowing power

Not very methodic in india,

 

Depends upon trends, goodwill , relations , resource,history of the borrower,

 

Limit for temporary or long term requirement for CC A/c O D expention.

 

this is conceptual plz help to formalise


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