Latest News on Letter Of Credit
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Letter Of Credit - Total results - 4
Mar 22, 2018
As more frauds surface, RBI issues strictures to auditors of PSBs to keep closer watch on banksIt has been reported that the companies falsify the figures on cash flow projections in order to get new loans from banks.
Mar 14, 2018
Bulk gold, diamond importers to take biggest hit as RBI bans LoUs and LoCs for trade credit after PNB scamRBI said letters of comfort and bank guarantees for trade credits for imports into India may continue to be issued subject to compliance with the certain guidelines.
Mar 06, 2018
RBI and other agencies missed warning signs, failed to detect Rs 12,700-cr Punjab National Bank fraudReuters has uncovered new evidence that shows the RBI also failed for years to either detect the fraud or respond adequately to red flags in the banking system.
Feb 22, 2012
Datawind halts Aakash supplies, till IIT-Rajasthan release paymentsEven as the nation awaits the upgraded version of the world's most affordable tablet, the battle between Datawind ...