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Business
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| Number of pages / Number of words: |
48 / 13288 |
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Also for financing such infrastructure projects specialized domain knowledge in power, roads, ports, telecom etc is required for which now-a-days banks are establishing a Project Finance Strategic Business Unit. With the wide availability of such knowledge, there is a large potential for commercial banks to further develop this area of business...
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The repayment term of an individual loan will vary depending on the useful life of the asset being financed and the lending policy of the financial institution (e.g. 3 years for a computer, 10 years for machinery etc...
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