Q. A very large loan extended by a group of small banks to a single borrower is known as (Solved)
1. Secured loan
2. Syndicated loan
3. Non-Recourse loan
4. No Documentation loan
5. None of these
- b. Syndicated loan
1. Secured loan
2. Syndicated loan
3. Non-Recourse loan
4. No Documentation loan
5. None of these