hetalsangoi
(Querist) 18 June 2014
This query is : Resolved
what are the documentation part are mandatory when bankers are providing cc limit which is more than 5 cr or more or less ? have they register to secure the collateral securities under safari act ? what is the purpose of it ? have borrower has to give encumbrance certificate to the bankers and bears the exp ? when bank demands to ensure from the borrower of cc facilities to give POA to collect the bills receivable ?
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