Raj Verdhan

Hey, I am Raj Vardhan an entrepreneur, sales and marketing expert. I did a BSc. from the University of Allahabad and MBA (International Business) in 2008. I worked with the most renowned MNCs as a Marketing Manager and has more than 10 years experience in sales, marketing, finance and entrepreneurship. I do operate an institute delivering valuable knowledge regarding banking, finance, entrepreneurship and skill development programme for small scale businesses.

Bill Discounting |Meaning, Advantages | Process

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bill discounting
 
The bill discounting/ invoice discounting is one of the sources of working capital funds. As we know, the working capital is one of the most significant requirements to operate small or medium business enterprises smoothly.
 
However, it is difficult to arrange in nowadays’ scenario as the trading of goods or services in domestic as well as international market are done mostly on a credit basis. The intention of the buyer is always to extend the credit period while the seller’s intention is not to provide long credit.
 
Thus maintaining a cash inflow for a company/ supplier or exporter is the biggest challenge. Therefore, Bill Discounting facilitates business organisations in maintaining and retaining healthy cash inflow to avoid a cash crunch.

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What is Bank Guarantee? Meaning, Types | Charges and Process

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Bank Guarantee: When the Central Government/ State Government or large companies float a tender or offers to purchase goods/ services/ equipment or any other instruments, the small vendors/ supplier or firms require to provide assurance from banks to ensure responsibility of vendors/ firms towards the tender or trade. The banks provide the guarantee of performance … Read more

What is Escrow Account? | How does it works? | Meaning and Process

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What is Escrow Account? www.thesisbusiness.com When it comes to international trade or large transactions or corporate deals between two parties or individuals where the trustworthiness regarding fulfilment of contractual obligations of any parties or company or individuals is uncertain, there surely arise the requirement of an Escrow Account to avoid or eliminate the risk associated … Read more

Monetary Policy of RBI | Objectives, Instruments | Process

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Monetary Policy of RBI: The Reserve Bank of India (RBI) is the central bank of India which is responsible for regulating various financial institutions such as scheduled banks, non-scheduled banks and Non-Banking Finance Institutions (NBFCs). The Reserve Bank of India (RBI) being a monetary authority (Statutory Body) of India is also responsible for formulating and … Read more

What is Monetary Policy? Objectives, Types | Instruments of Monetary Policy

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What is Monetary Policy? www.thesisbusiness.com “The Monetary Policy is the sets of policies (rules and regulations or activities) which are adopted by the Monetary Authority (central bank) of a country to regulate the money supply, to influence inflation rate, interest rates, unemployment rate and to stabilise the currency exchange rate with respect to other currencies.” … Read more