Legal Question in Banking Law in India

i have a drafting related question. In loan transactions, when one has to draft agreements for the same, how should one incorporate the facility called Credit Exposure (Forward Contracts/ Derivatives) Limit in a separate agreement. How to draft an agreement for Credit exposure Limit?

Please Help.

Need some draft formats for this.


Asked on 2/24/14, 4:11 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

24.02.2014

Dear Sir / Madam,

Simply copy paste the following link for draft of agreement :

http://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCcQFjAA&url=http://www.icicibank.com/corporate/downloads/fx_protect/Forward_Contracts_Agreement_high_rated_no_margin_requirement.doc&ei=0lALU8LuOs6Hrge29YDoDQ&usg=AFQjCNFm-LMsJFKW7YY2wo77TD7G5yrpMQ&sig2=a9CevvFROJXIKnHgVCP05g&bvm=bv.61725948,d.bmk

Regards,

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Answered on 2/24/14, 6:05 am


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