Question
Projected Annual Turnover: ₹24 crore Borrower
margin: 5% What is the permissible WC limit under Nayak Committee norms?Solution
Step-by-step Calculation: 1. Total Working Capital Requirement (WCR): 25% of ₹24 crore = 0.25 × 24 = ₹6 crore 2. Borrower's Contribution (margin): 5% of ₹24 crore = ₹1.20 crore 3. Permissible Bank Finance (MPBF): ₹6 crore – ₹1.20 crore = ₹4.80 crore
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