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Start learning 50% faster. Sign in nowBridge loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for meeting short-term liquidity requirements. Bridge loans help in bridging the gap between short-term cash requirements and long-term loans. These loans are normally extended for a period of 12 months. These loans are provided at exorbitant rate of interest and are normally backed by an asset collateral like equity, debentures etc.
Consider the following statements about the budget estimates of fiscal year 2023-24.
1. The share of subsidies is more than the share of defen...
In the context of cost accounting, overheads refer to indirect costs that are allocated to cost units or cost centres. The process of absorbing overhead...
Book-keeping is mainly concerned with?
Which institution completed 25 years of providing credit support to MSEs and was honored with a commemorative stamp in 2025?
Which of the following statements about the filing of a shelf prospectus is accurate according to the provisions of the Companies Act?
What type of performance guarantee is given in case of public tenders?
What is the role of reinsurance companies in the Indian insurance market?
One of the best sources of information on training needs of employees in an organisation is their Performance Appraisal. In fact, many organisations hav...
What is the classification for an asset that has remained NPA for a period of less than or equal to 12 months according to the RBI’s IRAC guidelines? ...
Which category do Bad debt fall under?
