Comment on the following: Financing under micro finance is without collateral.
CS Professional · Banking - Law and Practice · PYQS · December 2016
Comment on the following: Financing under micro finance is without collateral.
Answer & Explanation:
This statement is true . Financing under micro finance is without collateral. This is for very small amount for SHG (Self Help Group) comprising of very poor people and it is for social benefits.
Topics: Banking Concepts
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