MG Capital & Social Services Blog

Financial Risks 0

Financial Risks

European and American bank failed because many borrowers defaulted to repay the installment of loans when the interest rate increased. Money blocked into the system. Then government came with bailout plan in case of...

Bank Guarantee 0

Bank Guarantee

INTRODUCTION: Bank Guarantee means a comfort, which is being given by issuing bank, to a party (Beneficiary in whose favour the guarantee is issued) of losses or damages if the Client (on whose behalf...

Buyers Credit by EXIM Bank 0

Buyers Credit by EXIM Bank

INTRODUCTION Under this scheme, the EXIM Bank finances and facilitates project exports from India by way of extending buyers credit facility to overseas sovereign governments and government owned entities. The overseas buyer will get...

Bill Discounting 0

Bill Discounting

BILL DISCOUNTING After shipment of goods, the exporter may submit the export bill to its bank for discounting/ purchase. This bill discounting facility may be a sub-limit to packing credit or may be a...

Positive Attitude 1

Positive Attitude

Attitude means a mental position with regard to a fact or state. It reflects a tendency to classify objects and events and react it with some consistency. Attitude is not directly observable but rather...

How to Win Friends 0

How to Win Friends

Practice the following things whish is generally accepted and found in the mostly successful persons towards mankind: -Make yourself a personality with whom everyone likes to talk i.e. be light even if you achieves...

Letter of Credit 0

Letter of Credit

A standard, commercial letter of credit is a document issued mostly by a financial institution on the request of the buyer in favour of supplier of goods which usually provides an irrevocable payment undertaking....

Motivation 0

Motivation

MOTIVATION Motivation indicates an inner force (whether self influence or by others) of a person’s mind and heart which take’s that person into a particular direction/situation/position. Sometime this force is so strong that a...