ShareWhat are the important tips to manage banking and keep costs low? As your size of operation increases, it is advisable to have more than one bank. To create competition and have banks of different strength.Was this FAQ helpful to you? Related FAQs Is it correct to say that foreign banks offer foreign currency loan at a low interest rate? Is it correct to say that foreign banks give good exchange rate compared to Indian banks? I have got a very good offer from a new bank. The exiting bank has renewed the credit facilities only few months back. Do I have to wait till next rental to start discussion with exiting bank for them to match offer received from another bank? Does method of computing DP (drawing power) differs from bank to bank? How to ascertain what is fair interest rate that my bank should charge me? I fall in MSME category. What benefits can I get from banking system? Leave a Reply Click here to cancel reply. Name Email (will not be published) Website Comment