When a group of lenders fund various portions of a loan to a single borrower it is called ........

Static GK (RBI Grade B) Banking Awareness

Download Solution PDF

When a group of lenders fund various portions of a loan to a single borrower, it is called ___.

Subsidized loan

Commercial loans

Syndicated Loan

Retail trade loans

Bridge Loan

छोटे Courses बड़े Results

Master Banking Awareness

Prepare through Micro-courses

Try Now

Explanation:

A syndicated loan, also known as a syndicated bank facility, is financing offered by a group of lenders – referred to as a syndicate – who work together to provide funds for a single borrower. The borrower can be a corporation, a large project or sovereignty, such as a government.