The types of factoring service vary on the basis of the nature of the agreement between client and factor. Factoring agreement could be any of the following: Full Service or Without recourse factoring: Without Recourse means if the debtor fails to repay the amount then it will be the full responsibility of the factor to repay the remaining amount to Read More …
Category: NTA NET
FACTORING
In the day to day business, firms are bound to ask for credit when they purchase and should give credit to its buyers when they sell. What if a large portion of sales of a firm is in credit and they don’t have sufficient funds to operate their business? This is exactly what happens with many firms. This problem Read More …
TRADING MECHANISM OF GOVERNMENT SECURITIES
TRADING MECHANISM OF GOVERNMENT SECURITIES Trading in Government securities takes place by following methods: (i) Public Debt Office of the Reserve Bank of India issues notification: the Reserve bank of India has various office the to ensure the functioning of RBI. When the Reserve Bank of India wants to sell government securities, it orders its Public Debt Office to issue a notification Read More …
GOVERNMENT SECURITIES
GOVERNMENT SECURITIES the securities issued by central government, state government, semi-government bodies, port trusts, public-sector undertaking and financial institutions like IDBI, state financial corporations etc. are known as government securities or gilt-edged securities. The government issues securities to meet its short-term and long-term fund requirements.The Central Government securities prevailing in India are Gold Bonds, National Defence Bends and Rural Development Bonds. funds Read More …
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