Banks in India—Credit Delivery and Legal Aspects of Lending
KEY TAKEAWAYS FROM THE CHAPTER
- Know the types of borrowers in India.
- Learn about some types of credit that banks in India extend to borrowers.
- Learn about the forms in which the credit is given.
- Know the precautions banks should take while lending.
- Know how banks in India fix interest rates for individual borrowers.
- Understand how the law helps the bank in enforcing securities.
MODES OF CREDIT DELIVERY
We have seen the basic principles and processes of the lending function ...