Thursday, January 9, 2020

SBI’s new finance scheme with buyer guarantee: Should a bank own up potential failures of a builder?

SBI’s new finance scheme with buyer guarantee: Should a bank own up potential failures of a builder? Prima facie, SBI doesn’t have much risk in this scheme since the bank will grant loans to star rated builders with proven track record and strong cash flows

from Moneycontrol Business News https://www.moneycontrol.com/news/business/sbi’s-new-finance-schemebuyer-guarantee-shouldbank-ownpotential-failuresa-builder_13342201.html

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