Accountancy, asked by slugslinger4327, 1 year ago

Explain the principal and factors of sound leading by the banks

Answers

Answered by XPrinceThakurX

1

Principles of sound lending. The lending activity of the bank is subject to certain sound principles. ... As such the first and foremost principle of lending is to ensure safety of funds lent. By safety means that the borrower is in a position to repay the loan, along with interest.

Answered by xHARSHUx

4

Explanation:

principle of sound leading power factor of the banks

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