WebbMar 31,2024 - - (Teaser loan) a) b) c) d) Correct answer is option 'A'. Can you explain this answer? EduRev UPSC Question is disucussed on EduRev Study Group by 154 ... Webb(Asked in UPSC-Pre-2011) 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the …
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WebbTeaser loan, sometimes seen in news means;a) Loans which charge lower rates of interest in the first few years after which the rates are increased.b) Loans provided to weaker sections of the society with an interest rate below the repo rate.c) Loans provided to high net worth individuals.d) None of the aboveCorrect answer is option 'A'. Webb1 feb. 2024 · Like home loans with teaser rates are at greater risk than those that are not. Hence provisions have to be made for such loans. A National Asset Reconstruction Company Ltd. (NARCL) was announced in the Union Budget for 2024-2024 to resolve stressed loans amounting to about ?2 lakh crore in phases. What is a Bad loan and NPA? … hawkhurst glass
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WebbThe teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given … Webb23 jan. 2024 · Why is the offering of “teaser loans” by commercial banks a cause of economic concern?(2011) 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export … boston gear cad models