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What is fund-based exposure?
Fund-based exposure is actual lending from public banks. Non-fund based exposure is credit extended by private banks with no actual lending.
What is fund based exposure?
Fund-based exposure is actual lending from public banks. Non-fund based exposure is credit extended by private banks with no actual lending.
What are Non fund based limit?
The credit facilities given by the banks where actual bank funds are not involved are termed as 'non‑fund based facilities'. These facilities are divided in three broad categories as under: q Letters of credit q Guarantees q Co‑acceptance of‑bills/deferred payment guarantees. Units for the above facilities are also simultaneously sanctioned by banks while sanctioning other fund based credit limits like Cash Credit & Term Loan.
What are fund based and non fund based advances?
Fund Based Limit is a limit in which the Co. is getting money actually(Cash). eg: Cash Credit Term Loan Non Fund Base limit bank make payment on behalf of company. eg: Bank Guarantee Packing Credit Letter of Credit
Meaning of Fee based and fund based financial services?
Fee based financial services charge a fee to the person using their services. Fund based financial services retained a certain portion of the equities purchased.
