Sanjayjmandavia's
Buyer's Credit And Supplier's Credit
Buyers Credit and Suppliers Credit are a form of trade
credit used by businessmen to reduce their working capital
cost. This blog provide complete details about the same.
Latest RBI Circular : RBI stops Buyers Credit. As is circular copy given below. Please refer bold section. Short Term Debit – Trade Related Credit Outstanding as on Sept 2017 was $91.063 bil…