1.DESIGN OF STUDY1.1 Objective Of Study
1.To understand the importance of banking sector.2.To perceive the meaning of Non-fund based facility.3.To visualize the significance of Letter of Credit and Bank Guarantee.4.To link the role of letter of credit and Bank guarantee with development of the banks.5.Readers can see the case study of Dena bank playing role of LC and BG.
1.2 Scope Of The Study
1.The readers can come to know the various types of Non-Fund based facilities by Banks.2.To guide the importers and exporter while removing LC and BG.3.One can come to know about types of LC and BG.4.The readers can come to across the sample letter of credit and bank guarantee.5.They can come to know the procedures of LC and BG.
1.3 Limitations Of The Study
1.The project study is restricted to banking sector used in India only.2.The conclusion made is based on a sample study and does not apply to all the individuals.3.All banks are not included.
1.Primary data is collected from a sample size of 30 individuals.2.Secondary data is collected by referring books relating to banking and basics of banking. Alsoreferred to Dena Bank, magazines and internet.