Description
“Credit” implies monetary transactions. The word “Credit” can be defined as “A transaction between two people in which one issues money or equivalent goods, services, etc. This is done for a promise of future payment by the other”.
The following objectives are included in this Presentation:-
- Introduction to Credit
- Merits and demerits of credit
- The 5Ps and 5Cs of credit
- Credit Risk
- Managing Credit Risk
- Credit rating agencies
- Rating scales
- Business risks
- Financial risks
- Transactional risks
- Analytical tools
- Causes of business failure
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