Sub-prime lending refers to ________

Question

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NA

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lending done by banks at rates below PLR

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Funds raised by the banks at sub-libor rates

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Group of banks which are not rated as prime banks as per Banker’s Almanac

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lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards

1.	Sub-prime lending refers to ________
A.	lending done by banks at rates below PLR
B.	Funds raised by the banks at sub-libor rates
C.	Group of banks which are not rated as prime banks as per Banker’s Almanac
D.	lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards
Answer» E.

Discussion