Discuss the differences between primary source and secondary
source of repayment for commercial clients of commercial...
80.2K
Verified Solution
Link Copied!
Question
Finance
Discuss the differences between primary source and secondarysource of repayment for commercial clients of commercial banks? (20marks
Answer & Explanation
Solved by verified expert
4.1 Ratings (504 Votes)
Difference between Primary source and Secondary source of repayment for commercial clients of commercial banks is explained as follow Primary Source of Repayment Primary source of repayment of loan means that the source of the repayment should be directly linked with the purpose for which the loan was taken Such as Overdraft
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!