Rbi Circular On Drawing Power Calculation. 25% margin on stocks + 40% margin on book debts 60.00 lakh, the working capital requirement will be computed at rs.
Rajandran R Blogs Nifty Futures Continues With Too Many Weaker References Market Profile from www.blogadda.com
For example, in case, annual turnover of a borrower is projected at rs. 60.00 lakh, the working capital requirement will be computed at rs. Working capital borrowal account, drawing power calculated from stock statement older than 3 months has to be considered as “irregular” (overdue).
Rajandran R Blogs Nifty Futures Continues With Too Many Weaker References Market Profile
The managing committee (mc) considered a reference received from reserve bank of india (rbi) on issues relating to calculation and allocation of drawing power in respect of accounts under consortium and cdr restructuring. If such “irregular” continues for 90 days, account has to be classified as npa, even though the account is otherwise operated regularly. Input claims of exporters have to be escrowed to our bank account. In most of the cases, debtors up to 90 days are considered for calculating dp.
