Why do banks not lend to certain sections of borrowers???
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Thanks jii
Every banks have certain policies thattswhy the need some particular proof or we can say collateral to ensure the return of the money.But due to the lack of evidences the banks cannot provide them or lend them the amount they required.Well it was an interesting question….
Trust naam ki ek cheez hoti h
Kya guarantee hai woh paise waapas karenge?
Kyu nhi de skte???
Banks do not lend to certain borrowers because they might be defaulters or they might not have enough collateral.
They want collateral for security, aise hi kisi Ko paise nahin de sakte