Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Match the following principles of good lending that evety battion should fotow begin{tabular}{|l|l|l|l} hline Liquidity & Safe hline Spread & National interest, suitability, etc.

image text in transcribed
Match the following principles of good lending that evety battion should fotow \begin{tabular}{|l|l|l|l} \hline Liquidity & Safe \\ \hline Spread & National interest, suitability, etc. \end{tabular} for which it may not ber for the bank to grant the idvance. 3. The borrowes ruust be in a position to repsy within a reasonabie timet ater a demand for reparment is mace 4 Thas banker mast closely werut niza the 5 applied by the borrower accordingly. 5. Equally important is the principle of " t in bank advance tha other coevtrercial institisons. banks mits make advance 7. The banker ensures that the money advanced by him goes to the right type of betrower and is vilizat in such a Way that it wil not ofly be of lending but will remain so throughout, and after serving a usetul parpose in the trade or ndustry where tit is employed, is repaid with interest

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook For Surviving The Global Financial Crisis

Authors: Barbara Goldsmith

1st Edition

1514811995, 978-1514811993

More Books

Students also viewed these Finance questions

Question

Calculate the linear combinations. (4,-2,8) (12,3,3)

Answered: 1 week ago