the major difference is the commercial paper does not carry a payment guarantee made by a bank where as the bankers note catties that guarantee
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differecences between banker's acceptance and letter of credit
Between 35 and 150K, based on various factors
Bankers obtain deposits from customers at a low rate and then invest the customers deposit in higher yield debt and equity instruments. The spread (difference) between the two rates is 3-4%
difference between non bank and commercial bank?
TRANSACTIONBANKERCUSTOMERDeposit in the BankDebtorCreditorLoan from the BankCreditorDebtorLockerLessorLesseeSafe CustodyBaileeBailorCollection of ChequeAgentPrincipalPledgePawner (Pledgee)Pawnee (Pledgor)MortgageMortgageeMortgagorHypothecationHypothecateeHypothecatorShares given for SaleAgentPrincipalM.J. SUBRAMANYAM, XCHANGING, MUMBAI