Case Title Conversion Option of Cash Credit for Ind Constructions Limited
Case Author(s) Dilip Jain  Raj Kumar Khetan         
University T. A. Pai Management Institute (TAPMI), Manipal, India
Abstract Ind Constructions Ltd had cash credit arrangements with two banks. One of the banks sent in a proposal giving an option to Ind Constructions to convert part of its cash credit into a short-term note at an interest rate lower than that on its cash credit. There was a trade-off between lower interest rates and potential idle cash. The case gives data on the proposal as well as past utilisation under the cash credit facility.
Available In MIP Case Collection
Publisher T. A. Pai Management Institute (TAPMI), Manipal, India
Publisher Case No. 1998-2000-09
Distributor(s) T. A. Pai Management Institute (TAPMI), Manipal, India               
Pub/Rev Date 04/01/2000
ISBN
Case Length 4
Teaching Note No
Pub TN Ref No.
Pages (TN)
Issues Cash Management, Decision Analysis
Organisation(s)        
Countries India
Industry Construction - Building Materials & Equipment
Period Covered 1998-2000
Level Postgraduate