Unhedged Foreign Currency Exposure Vinu: Hey Manu, I came across the term "unhedged foreign currency exposure" in a finance article. Can you explain what it means? Manu: Sure, Vinu! Unhedged foreign currency exposure refers to a situation where a company is exposed to fluctuations in foreign exchang...
Common Lending Discrepancies and How to Prevent Them Vinu, a bank branch manager, is conducting a routine review with Manu, the internal auditor. Manu identifies some discrepancies in the lending processes. Manu: Hi Vinu, I was reviewing some of the loan files and noticed a few discrepancies that we...
Partnership Deed: Key Aspects Vinu: Hey Manu, I've been thinking about our partnership deed. Can we discuss some key aspects? Manu: Sure, Vinu. What do you want to know? Vinu: Firstly, what's the maximum number of partners we can have in our firm? Manu: According to the Companies (Miscellaneous) Rul...
Partnership Reconstitution: Key Actions for Lending Bankers Vinu: Hey Manu, I've been reading up on the reconstitution of partnerships and the actions we need to take from a lending banker's perspective. Can we discuss this? Manu: Sure, Vinu. What specifically do you want to know about? Vinu: What a...
Understanding the Importance of a Title Investigation Report (TIR) Vinu: Good morning, Manu sir! I hope I'm not disturbing you. Manu: Good morning, Vinu! Not at all, what can I help you with today? Vinu: I’ve been trying to understand the Title Investigation Report (TIR) given by empanelled advocate...