2 What is the need for export finance in India? Write a short note on export financing facilities in India.
Answer : Need for export finance in India
Trade Finance is a specific topic within the financial services industry. It’s much different, for example, than commercial lending, mortgage lending or insurance. A product is sold and shipped overseas, therefore, it takes longer to get paid. Extra time and energy is required to make sure that buyers are reliable and creditworthy. Also, foreign buyers – just like domestic buyers – prefer to delay payment until they receive and resell the goods. DueStudents, Get Completely solved SMU MBA Spring 2014 assignments from authorized organization www.smumbaassignment.com
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