Our finance branch operates almost independently. They have the authority to analyze our all operations in terms of their profitability. They can advise No or Go on each area. All operations above a marked value have to seek clearance from finance branch. Other than advice Finance branch keep a focus on the Letter of Credit status. Few of the actions of Finance branch are:
  1. Allocation of funds
  2. Opening of LC / Bank Guarantees
  3. Enhancement of LCs
  4. Liaison with State bank and schedule Banks
  5. Keep HQs and ministry informed regarding fund status