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Letter Of Credit News

What is Letter of Credit? Why is it Important?
Letter of credit is a very common term used in the business world where individuals carry on import export of goods and services. This document is an assurance from a bank that the buyer will pay to the seller for ...

SBI says Q2 corporate lending soars 18%; tops Rs 2 trillion
Mumbai: State Bank of India Wednesday said its large corporate assets base registered a full 18 percent growth in the second quarter compared to the previous fiscal, resulting in its loan book crossing the Rs 2-trillion-mark. "The CAG (corporate accounts ...
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