Answer / amol

loan is finance provide to someone but the credit is to give some one on credit basis. Credit is depend on the mind of debtor to give or not, but loan is applied by creditor.
similarities is both have a same objective and both is same in nature

Answer / kusumi

giving loan is comparatively new to the credit provision,but
credit is as old as our civilization,credit provision can b
a mouth contract,can be not in written form,but giving a
loan is totally contract on paper,and the similarity is that
both create liability on the receiver,an obligation to pay
the debt.

Answer / farai prince chikumbu

Credit Provisioning encompasses setting aside a threshold to curter for non-performing loans /bad debts and as for giving a loan is now requires the extending of a loan to the borrower

Credit card debt could lead to a lot of financial pressure?

1 Answers  

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In every bank, why does probationary officer verifies a transaction after entered by the clerk?

0 Answers   State Bank Of India SBI,

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What is Chartered Company?

0 Answers   Joint Stock Company,

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i have done my MBA with finance stream and my graduation is from Maths background so in interview they are asking why you shifted from maths to finance then how shall i answer this question

5 Answers   Honda, Hyundai,

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What is the instrument that cannot be transferred from one person to another by endorsement.

0 Answers  

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Why do you want LIC?

0 Answers   LIC,

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What is return on shareholder s funds? What does it show?

0 Answers  

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Share your views on Small and Medium Enterprises?

0 Answers   IBPS,

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What are the advantages of ratio analysis?

0 Answers  

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What is the Fair Debt Collection Practices Act?

0 Answers  

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Do you know how SLR is determined?

0 Answers   IBPS,

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What is CRR and SLR?

0 Answers   IBPS, State Bank Of India SBI,

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