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Banking General Awareness Banking Regulation System of India Question Bank Previous Years Questions - Credit Functions of Banks

  • question_answer
    When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as [BOB 2008]

    A)  Participation  

    B)  Consortium

    C)  Syndication               

    D)  Multiple banking

    E)  None of these

    Correct Answer: B

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