Explain the various provisions of principles of lending.
8 Views|Posted 5 years ago
Asked by Prabhdeep
1 Answer
A
Answered by
3 years ago
According to the principles of bank lending, the banks must give a timeline within which loans of up to Rs. 2 Lacs will be disposed off and they must provide acknowledgement for the receipt of loan applications. Not only this, they should also give appropriate reason in writing in case of rejection
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