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What is the difference between performance guarantee and financial guarantee?

Performance gtee is basically guarantee a performance of your client, the employer if not satified with the performance of you client as per the agreement signed with them the employer could claim the money guaranteed from the bank. The financial gtee is basically when the bank guarantees a purchase done by its client from any of its suppliers... if the banks cusotmer does not make a payment after the purchase is done within a stipulated time frame stated in the agreement the bank is bound to pay.


Why credit appraisal in bank is necessary?

Because they carry the risk.


What is 270 degree appraisal method?

270 Degree is kind of performance appraisal system.. in 270 degree feedback/ review from self, Boss , and pEErs.


What is the difference between performance bond and performance bank guarantee?

The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does.


What is meant by the term performance appraisal?

Performance appraisal refers to a systematic evaluation process where an employee's job performance and contributions to an organization are assessed. This process typically involves setting specific performance criteria, gathering feedback from various sources, and providing a formal review. The goal is to identify strengths and areas for improvement, facilitate professional development, and inform decisions related to promotions, salary adjustments, or training needs. Overall, it aims to enhance individual and organizational performance.

Related Questions

You wanted to know performance appraisal of emoloyees in the ICICI bank?

i need it.


Difference between performance appraisal and potential appraisal?

potential appraisal is not performance appraisal. similarly performance appraisal is not potential appraisal.


What is difference between potential appraisal and performance appraisal?

Performance appraisal is the procedure done after the performance of the current year or by monthly basis also Potential appraisal is done with the skills which are present in the individual eg:- Leadership qualities, Communication Skills etc Performance appraisal is the procedure done after the performance of the current year or by monthly basis also Potential appraisal is done with the skills which are present in the individual eg:- Leadership qualities, Communication Skills etc


What are key words to use in a performance appraisal?

A performance appraisal is something that is done for workers at least once per year. Words to be used should be things like "competent", "exceptional", and "progress".


What is the meaning of rational of performance appraisal?

Rationale for performance appraisal


Questions on performance appraisal based on the performance appraisal form of neepco shillong?

how to provide performance appraisal and what things are based it


What is the usage of performance appraisal systems?

What is the usage of performance appraisal systems?


What is a project abstract of performance appraisal?

Abstract of performance appraisal system


How performance appraisal of employees done at Axis Bank?

Hi its all a lobby business. If you support the boss in all his wrong things, you will get promotion. Sincere employees are leaving Axis Bank as the bank management has lost the control on operations and every one is involved in fraudelent activity. Its a great risk working with Axis Bank


What are Performance Appraisal objectives of Internal Auditors?

How make is performance appraisal of Internal Auditors


Why is performance appraisal often regarded negatively?

Why is performance appraisal often regarded negatively


What performance appraisal method used in Sony company?

performance appraisal used in sony