Multiple Choice Questions on A very large loan extended by a group of small banks to a single borrower especially corporate borro........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

A very large loan extended by a group of small banks to a single borrower especially corporate borro...........

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    A very large loan extended by a group of small banks to a single borrower, especially corporate borrowers is known as: 

    Syndicated Loan 

    Correct Answer

    Group Loan 

    Incorrect Answer

    Standard Loan

    Incorrect Answer

    Organised Loan

    Incorrect Answer
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    Explanation:

    Loan syndication is the process of involving a group of lenders in funding various portions of a loan for a single borrower.

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