RBI Monetary Policy: Repo Rate remains at 4 percent
During the Reserve Bank of India’s Monetary Policy Committee today, the Reserve Bank of India (RBI) Governor Shaktikanta Das today decided to keep the repo rate unchanged at 4 per cent.
Letter of Credit
Letter of Credit Importers and exporters normally require intermediaries such as banks or alternative financiers to guarantee payment and also the delivery of goods. Cash advances or trade credits on open accounts are usually used after the buyer and seller develop a trusted relationship. Therefore trade finance structures are used to support these relationships.
Comments
Post a Comment