Bank credit example sentences

Swarnajayanti Gram Swarozgar Yojana (SGSY) was launched in 199 The programme aims at bringing the assisted poor families above the poverty line by organising them into self help groups through a mix of bank credit and government subsidy.If the bank credits the firm's account, the entry will be made on the debit side of the cash book in the appropriate column.Obtaining funds through factoring is cheaper than financing through other means such as bank credit; With cash flow accelerated by factoring, the client is able to meet his/her liabilities promptly as and when these arise; Factoring as a source of funds is flexible and ensures a definite pattern of cash inflows from credit sales.However, the bank credits the customer account only when the amount of cheques are actually realised.