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What is the difference between 'Term Loan' and 'Project Appraisal'? Please discuss how do Banks assess Term Loan & Project Apparaisal proposals? Whether 'SensitivityAnalysis, Scenario

What is the difference between 'Term Loan' and 'Project Appraisal'? Please discuss how do Banks assess Term Loan & Project Apparaisal proposals? Whether 'SensitivityAnalysis, Scenario Analysis and Risk Analysis' plays any role in such appraisal and why?

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