Hi Friends....
You know what is meant by the concept of debt ceiling?? please explain.....
2 Replies
NITIN SHARMA
(ACCOUNTANT)
(35 Points)
Replied 30 July 2011
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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