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Re: working capital management
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ankitgokani
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Re: working capital management - August 21st, 2008

Quote:
Originally Posted by samir_20011 View Post
hi to all,
anyone know about factoring & bills discounting,wht kind of project should be there.could anybody tell me about that
well mate here are some links that will help u out

Factoring in India

BILL DISCOUNTING - one of banking operations consisting in a purchase by bank (and also other credit institutions or the broker, specializing on such operations) bills before an expiry of the term of payment on them. The sense her consists in the following. The bill has the rather limited sphere of the circulation, which covers in the basic wholesale trade. Therefore if the promisee will need money before maturity under the bill, it can address to bank with the request to take into account (i.e. to purchase) the given bill. At the discountimg the bank ahead of schedule pays to a billholder money, on which the bill is written out, minus some percent from this sum of the advantage. The business banks, having conducted operations under the bill discounting, in turn can ЇҐаҐЇаод ў вм to their central bank of country. The given operation is named as inventory of the bills.

well u can take a bank and den make a project on its process and rules and regulations of the bank for using these services simple


Ankit Gokani

All of u plz read dis first

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