Buyer's Credit & Letter of Undertaking (LOU) - Hindi

Concepts of Buyer's Credit and Letter of Undertaking and how they were used in PNB Fraud - Nirav Modi Scam case, is explained in Hindi.
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Buyer's Credit and Letter of Undertaking or Letter of Understanding or Letter of Comfort are concepts of International Trade Finance which are used in Import Export Business.
In PNB Bank Fraud, companies of Nirav Modi and Mehul Choksi (Gitanjali Group) fraudulently got LoU from PNB without any collateral.
Buyer's Credit और Letter of Undertaking के कांसेप्ट का इस्तेमाल करके पीएनबी धोखाधड़ी - नीरव मोदी घोटाला कैसे किया गया, इस वीडियो में हिंदी में समझाया गया है।
Buyer's Credit और Letter of Undertaking या Letter of Understanding या Letter of Comfort आदि इंटरनेशनल ट्रेड फाइनेन्स की अवधारणाएं हैं जिनका उपयोग आयात निर्यात व्यापार में किया जाता है।
पीएनबी बैंक धोखाधड़ी में, नीरव मोदी और मेहुल चोकसी (गीतांजलि समूह) की कंपनी ने धोखाधड़ी से पीएनबी से किसी भी कोलैटरल के बिना एलओयू प्राप्त किया।
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In this video, we have explained:
What are buyer's credit and letter of undertaking?
How buyer's credit and letter of undertaking is used in international trade finance?
How buyer's credit works?
How buyer's credit and LoU was used in PNB fraud by Nirav Modi and Mehul Choksi?
How Punjab National Bank fraud was done by Nirav Modi and Mehul Choksi of Gitanjali Group?
How Nirav Modi and Mehul Choksi fraudulently got LoU from PNB without any collateral?
What is Nostro account?
How Nostro account is used for buyer's credit and letter of undertaking or letter of understanding or letter of comfort?
What happens if a buyer defaults the loan in buyer's credit and letter of undertaking?
What are the compliances and cost involved in buyer's credit?
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Hope you liked this video in Hindi on “Buyer's Credit & Letter of Undertaking”.