What is consortium lending? And it's implication in indian banking system.
Farhat jahan (legal assistant) 19 May 2011
What is consortium lending? And it's implication in indian banking system.
AAK (Advocate) 20 May 2011
in brief: Its lending a money by the banks by forming a partnership. eg: If X company required 500 crores for a project and a single bank cannot take such risk of such huge amount, at that time several banks comes together and form a consortium(partnership) and decide to lend a money in a proportion.
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