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(rate this)
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can a bank become promoter for small but profitable projects
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No they simply finance after taking heavy security n lot of pap
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Suryanarayan Murthy
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"No they simply finance after taking heavy security n lot of pap"
| 1 year ago
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No. The Bank can not become a partner or promoter. The banks normally finance one-third of the cost of the project. Interest rate varies depending on various parameters and is anything between 11.5% to 13%. Repayment is normally 7 or 8 years with...
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Mohad Naseem Siddiqui.
| Argues in support of
"can a bank become promoter for small but profitable projects"
| 1 year ago
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If a captive power plant operational on HEAVY Fuel oil is being set up with a capacity of around 10 MW with an estimated cost of say 50 Crore. And if the annual profit of the same is say 1.5 crore after meeting all expenses and even after all bank...
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Debate: "BANK FINANCE FOR CPP" deleted from your view.
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(rate this)
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BY CHANGING THE POLITICAL SYSTEM OF INDIA.
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OR BY ELECTING NEW GOVERNMENT EVERY TIME ?
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Vinoy Scaria James
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"BY CHANGING THE POLITICAL SYSTEM OF INDIA."
| 3 months ago
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Well said Srinivaji, "Every body talks about corruption free India, but he wants it to start from his neighbors door not from his house." Frankly this statement sums up what is reprehensible in our society. Love mudslinging but hate...
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Srinivas suravajhala
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"OR BY ELECTING NEW GOVERNMENT EVERY TIME ?"
| 3 months ago
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These two parameters are insufficient. Corruption has become culture today. Its not that easy to eradicate. Everybody wants his work done at the minimum possible time. For that he dont hesitate to wet the hands of the employee. We dont want to...
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NATTERAJA R. ARIKRISHNAN
| Argues in support of
"BY CHANGING THE POLITICAL SYSTEM OF INDIA."
| 1 year ago
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Political systems should be changed, fixing educational qualifications for the MLAs and MPs, revamping the election systems, introduction of bi-party systems since too many cooks spoil the dish.
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Debate: "How to make INDIA corruption free" deleted from your view.
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