Bill Discounting

Scribd
Upload a Document
-------------------------------------------------
Top of Form

Bottom of Form
SettingsHelpLog Out | | | | | | | | | | | | | | | |
1
First Page
Previous Page
Next Page / 17
Sections not available
Zoom Out
Zoom In
Fullscreen
Exit Fullscreen
Select View Mode
View Mode
BookSlideshowScroll
-------------------------------------------------
Top of Form

Bottom of Form
Readcast
Add a Comment
Embed & Share

Reading should be social! Post a message on your social networks to let others know what you're readin

Link account
Readcast this Document
Readcast Complete!
Click 'send' to Readcast! edit preferences
Set your preferences for next time...Choose 'auto' to readcast without being prompted.
-------------------------------------------------
Top of Form

Krushnavijay...

Link account

AdvancedCancel
Bottom of Form
-------------------------------------------------
Top of Form

Add a Comment
Submit
share:
Characters: 400

Bottom of Form
Share & Embed
Add to Collections
Download this Document for Free
Auto-hide: off

Project of omdar datar sir
TOPIC: BILL DISCOUNTING
By: Amit dange
College : k.v.pendharkar dombivli
INTRODUCTION
Bill discounting, as a fund-based activity, emerged as a profitable business in the early nineties for finance companies and represented a diversification in their activities in tune with the emerging financial scene in India. In the post-1992 (scam) period its importance has substantially declined primarily due to restrictions imposed by the Reserve Bank of India.
DEFINITION:
Bill discounting is a major activity with some of the smaller Banks. Under this type of lending, Bank takes the bill drawn by borrower on his(borrower's) customer and pay him immediately deducting some amount as discount/commission. The Bank then presents the Bill to the

borrower's customer on the due date of the Bill and collect the