Financing for Purchase of Tractors for Custom Service

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Abstract

An automobile firm requested for a loan for Rs. 2.75 lakhs from the Agricultural Finance Corporation for the purchase of 12 tractors with a view to exploit the good scope of custom service of tractors in the area. Having received the application the Managing Director of AFC was considering whether the loan should be sanctioned and the basis on which the instalments should be fixed.

Additional Information

Product Type Case
Reference No. CMA0235
Title Financing for Purchase of Tractors for Custom Service
Pages 10
Published on Oct 19, 1972
Year of Event 1970
Authors Desai, D K;
Area Centre for Management in Agriculture (CMA)
Discipline Finance, Public Policy and Law
Sector Agriculture and Animal Husbandry, Banking Finance Insurance (BFI), Trade
Country India
State Andhra Pradesh

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