WCDL-explanation : banknetindia.com


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Name :	TV Rao
Subject:	WCDL-explanation
Message :	WCDL is mandatory as per rbi norms for the loans of rs.10.00 crore and above from the banking system. however, certain exemptions are available for seasonal industries. implemetation of WCDL can be exempted by the comepetent authority of the bank on case to case basis depending upon the nature of the loan.