Which of the following best describes a Bridge Loan?
Bridge loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for meeting short-term liquidity requirements. Bridge loans help in bridging the gap between short-term cash requirements and long-term loans. These loans are normally extended for a period of 12 months. These loans are provided at exorbitant rate of interest and are normally backed by an asset collateral like equity, debentures etc.
Which Indian long jumper successfully defended his title and won gold at the International Jumping Meeting in Greece?
What was the reason behind the RBI's imposition of a monetary penalty on Omkar Nagreeya Sahkari Bank Ltd . , Kanpur?
Which product was recently launched by SBI General Insurance to support infrastructure projects?
Partha Satpathy is an Indian ambassador to which country?
How much penalty did the Reserve Bank of India impose on the Thane District Central Co - operative ( TDCC ) Bank?
According to the Speedtest Global Index by Ookla,India’s median download speed increased 3.59 times after 5G was launched.What rank has India achieved...
What will be the new capital of Andhra Pradesh?
Which Indian institution secured the 40th position in the QS Asia University Rankings 2024?
______ has launched an online Radio, a platform to provide bite-sized content that offers both entertainment and livelihood enhancement tools.
What was the primary focus of the Ganga Waters Treaty signed between India and Bangladesh in 1996?