We want to make sure that our valued candidates absolutely perceive why now we have the requirements that we do. For example, we require that businesses be operational for a minimum of 6 months before we’ll present them with a loan. This is to ensure you’ve gotten your business off the bottom, have a use for the capital, and can responsibly handle the funds.

Interpretation of Results: Though industry average and different yardsticks are generally utilized in financial ratios, it’s somewhat difficult to evaluate whether a sure ratio is nice or dangerous. A excessive current ratio, for example might indicate a strong liquidity place (something good) or extreme inventories (something bad). Likewise a excessive turnover of fastened asset may mean environment friendly utilization of plant and machinery or continued flogging of kind of fully depreciated worn, out and inefficient plant and equipment.

17. ICICI Financial institution’s thrust on micro- finance  CHENNAI, MARCH 9. ICICI Bank has entered into partnerships with varied microfinance establishments (MFI) and non- Government organizations (NGOs) to scale up its micro lending enterprise. Addressing presspersons here, at the moment, NachiketMor, Executive Director, ICICI Bank, stated, the partnership mannequin would supply assured source of funding to NGOs and MFIs. The bank had extended advances to the tune of Rs.One hundred fifty crores as on February 29, this yr, under this scheme, Mr. Mor stated.  The bank had acquired a network of self-assist groups (SHGs) developed by the erstwhile Bank of Madura after its merger with ICICI Bank. Since then the SHG programme had grown substantially and 10,175 teams had been promoted reaching out to 2.03 lakh ladies unfold across 2,398 villages, the Executive Director お客様満足度98％のソフト闇金バルーンはこちら mentioned.