some time lendars demand agaist loan
Answers
Answered by
0
Answer:
Bank ask for collateral while giving a loan because of the following reasons: If the borrower fails to repay the loan, the lender has the right to sell the asset or collateral to obtain payment. Reduction of exposure in order to do more business with each other when credit limits are under pressure.
Explanation:
hope it was helpful
Answered by
47
- Bank ask for collateral while giving a loan because of the following reasons: If the borrower fails to repay the loan, the lender has the right to sell the asset or collateral to obtain payment. Reduction of exposure in order to do more business with each other when credit limits are under pressure.
Similar questions
Math,
1 month ago
Accountancy,
1 month ago
Math,
1 month ago
English,
3 months ago
English,
3 months ago
Environmental Sciences,
10 months ago
Math,
10 months ago
Math,
10 months ago