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Essay Details:
Essay text:
*
REPORTED TO NEXT LEVEL ON *
IDBI BANK LTD
RECOMMENDATION *
REGIONAL HEAD / CORPORATE BANKING, CORPORATE OFFICE
RECOMMENDATION OF RH:
BAJAJ Electricals is a white goods company working under BAJAJ group. It has a good growth prospects with expected turnover of Rs. 2000 Crores by FY10. Turnover of the company is expected to grow at more than 25%. The company has a good credit history. It is planning some acquisitions and major expansions in future years and may need loans for the same. Liquidity conditions of the company are good. The White Goods Consumer Durables industry was one of the few industries which grew even in the period of recession and is also expected to have good growth in future years...
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