Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following is not a characteristic of consortium banking?

AEqual sharing of risk

BInformal lending terms

CParticipation in loan monitoring

DCollective documentation process

Answer:

B. Informal lending terms

Read Explanation:

.


Related Questions:

Where is Coastal Local Area Bank headquartered?
---- guarantee insurance, guarantees the employer for any damages or losses resulting from dishonesty of employee.
The maximum age limit of housing loan borrower
..... schemes are intended to insure a group of individual together
When a bank acts as a correspondent for a foreign bank as part of its general utility function, it: