Please Help: Bank Renewal of Limit
Posted Date : 08-Apr-2013 , 02:12:07 pm | Posted By: Manoj Kumar Bansal
Category :
Finance | Answers :
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My Clint is an Existing Cash Credit Borrower of Bank and is not accepting the Renewal Sanction Letter provided to him on the ground that the Renewal is against the accepted Banking norms what can be the next line of action by the Bank .The Borrower has stopped transecting with the bank . |
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Answers:
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 Answer by: Vikash Kumar Jha |
| If you are already cc limit holder you can transact to that limit and upto the time which is specified in your cc sanction limit letter irrespective of fact that renewal letter not accepted for any new limit.
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