Explain what is non-fund based lending?
Submitted by: AdministratorNon fund based lending, where the lending bank does not commit any physical outflow of funds. The funds position of the lending bank remains intact. The non-funding based lending can be maid in two forms:
1) Bank Guarantees
2) Letter of Credit
Submitted by: Administrator
1) Bank Guarantees
2) Letter of Credit
Submitted by: Administrator
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