Ans - Supply financing, also known as supply chain financing or supplier financing, refers to a set of financial solutions that facilitate and optimize the management of working capital within a supply chain.

Ans - An Overdraft (OD) is a credit facility, which is offered by Us. It lets a borrower take an OD Loan for financing business expenses. This facility allows borrowing money, even if their Savings or Current Accounts do not have funds. The money which is withdrawn is actually “overdrawn”. Through this facility, you can avail a certain limit of funds and depends on the customer’s relationship with Us. In exchange for this facility, which is essentially like a loan, we charge you interest, but only to the extent of the funds you utilise, out of the total amount permitted.