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Because they carry the risk.

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Q: Why credit appraisal in bank is necessary?
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Related questions

What can you do if you turned down for credit at a bank and believe that the data used deny credit is inaccurate?

Ask the bank for the company that supplied the data, then contact that company with the necessary information to correct the mistake. However - that may not be enough to restore your credit rating.


What are on sight letters of credit?

A letter of credit that is payable once it is presented along with the necessary documents, a written commitment by a bank to make payment at sight.


Can you get a home equity line without bank charges?

Often this is easiest if you go to the bank or credit union where you have your mortgage. You can check with others, but there may be an application fee as well as costs for the appraisal, depending on the amount of the loan you are seeking.


How can one apply for a credit card in Aspen?

To apply for a credit card in Aspen you can go to the nearest bank and speak to a teller. They can give you the necessary paperwork and information you will need.


How a banker prepare his credit appraisal note of a credit proposal in both working capital and term lending?

Creating a credit appraisal note for a credit proposal in those two fields can be case by case. What the banker does for your may not be the same way the banker will do for the next guy.


What is the point of merchant card processing?

Merchant card processing is necessary for a business to accept payment by credit card. Specifically, it allows a business to be reimbursed by a bank. When you pay your credit card bill, the bank gets its money back.


Why a bank reconciliation necessary?

why a bank reconciliation necessary


When was Credit Bank created?

Credit Bank was created in 1986.


What is the difference between a bank loan and a bank credit?

What is the difference between bank loan and bank credit?


Is there bank named continental credit bank in Saudi Arabia?

continental credit bank


You wanted to know performance appraisal of emoloyees in the ICICI bank?

i need it.


What does a bank do when they get two different appraisal values?

they take the lowest value.