Answer Posted / mohit gupta
When the Lender feels, the security provided by the Borrower
is not sufficient or it may be difficult to recover the dues
smoothly, the Lender may ask for additional security to be
provided by the Borrower himself or other on behalf of the
Borrower. In case if any dispute or failure to discharge the
loan by the Borrower, the collateral securities will come in
hand to service and recover the loan/debt.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
What is fixed assets turnover ratio?
What is the Difference between public sector and private sector banks?
Can Share Holders Transfer Their Shares of Joint Stock Company?
Define IPC.
Which is on top among them?
What is capital structure?
What are the different types of trading that exist?
Where is the market (for bonds/equities/FX) going?
Tell about the fixed deposits?
What is the source of income of government?
What are the functions of SEBI?
What do you know about CORE Banking Solutions?
Name the highest civilian award in India?
What are public deposits?
what are the two pre-defined ledger available in Tally ERP 9?