Why do companies take Foreign Currency Loan??

Answer Posted / kishore mishra

The rate of Foreign Currency loan are lesser than INR loan,
we use to do it by buyers credit. In which banks arrange
funds from out side india to opening LC by importers.

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell something about prime lending rate?

651


What is gross refinery margin?Explain clearly

4970


What would you personally invest in?

618


Why You Want To Enter In Banking Industry?

663


How many types of debit card do the banks provide to their customers in india?

623






What is NABARD and its functions?

651


Write Any Three Kinds of Company According to Ownership?

650


What are the implications of OROP?

669


What is 'biflation'?

645


What are the various banks take for women empowerment?

609


What do you understand by mobile banking?

671


We hear regularly that all bank branches are turning cbs. What is cbs?

608


Which was the first indian bank to get an iso certification?

659


What should be the aim of successful marketing?

666


What is the educational qualification required for the entrance exam?

592