Form 8
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 April 2012
what is the meaning of the consortium Finance is involved?
this question is mentiond in form 8.
this question is mentiond in form 8.
06 April 2012
Under consortium financing, several banks (or financial institutions) finance a single borrower with common appraisal, common documentation, joint supervision and follow-up exercises, these banks have a common agreement between them, the process is somewhat similar to loan syndication.
In hindi it is simply called:
सहायता संघीय वित्त
now cheers
In hindi it is simply called:
सहायता संघीय वित्त
now cheers
Message likes :
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06 April 2012
Hi
Consortium means a group of independent companies participating in a joint venture for mutual benefit. Companies in a consortium cooperate with one another, often sharing technology as needed. A consortium allows the companies to conduct operations that they would not be able to do individually. It is important to note, however, that a consortium is not a merger and the companies remain independent.
If you are taking finance from Individual Bank then u click on "No" in Form No. 8.
Regards
Consortium means a group of independent companies participating in a joint venture for mutual benefit. Companies in a consortium cooperate with one another, often sharing technology as needed. A consortium allows the companies to conduct operations that they would not be able to do individually. It is important to note, however, that a consortium is not a merger and the companies remain independent.
If you are taking finance from Individual Bank then u click on "No" in Form No. 8.
Regards
06 April 2012
consortium finance mean A group of independent companies participating in a joint venture for mutual benefit. Companies in a consortium cooperate with one another, often sharing technology as needed. A consortium allows the companies to conduct operations that they would not be able to do individually. It is important to note, however, that a consortium is not a merger and the companies remain independent.
07 April 2012
Consortium Finance means loan taken from more than one Bank.When the loan amount is high then more than one bank finance it.
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