Maximum Cover in GLP for a Borrower?
Answers
Answered by
0
Explanation:
I hope this will help you.
Attachments:
Answered by
0
Maximum Cover in GLP for a Borrower is known as the Guarantee Cover.
- Guarantee Cover implies the maximum cover accessible per qualified borrower of the sum in default in regard to the credit office reached out by the loaning foundation.
- The assurance cover would be uncapped, unlimited, and permanent credit ensured. 92% assurance inclusion would come from Trust and the other 8% from the concerned promoter. The MLIs will stretch out the loan.
Similar questions