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In banking business, when the borrower...

In banking business, when the borrowers avail a Term Loan, initially they are given a repayment holiday and this refrred as ____.

A

Subsidy

B

Interest Waiver

C

Re-phasing

D

Interset concession

Text Solution

Verified by Experts

The correct Answer is:
D
The Repayment holiday is called moratorium period . It is actully a delay granted in the repayment of a debt or in the fullfuillment of another legal obigation.
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