[Audio] Presented By : Mr. Ashish Petkar, General Manager, RO-IV, GRO.
[Audio] Types of Borrower Banks typically categorize borrowers into several types of borrowers based on their creditworthiness, financial stability and loan requirements..
[Audio] Types of Borrower Common Types of borrowers Prime Borrowers Sub-Prime Borrowers Retail Borrowers Commercial Borrowers Corporate Borrowers Sovereign Borrowers High-Net-worth Borrowers Small and Medium Enterprise (SME) Borrowers Agricultural Borrowers Real Estate Borrowers.
[Audio] Types of Borrower - Based on their Constitution Details of Borrower based on their Constitution are as below:- Individuals Proprietary Firm Partnership Firm Limited Liability Partnerships (LLPs) Private Limited Companies Public Limited Companies Trust Hindu Undivided Families (HUFs) Joint Liability Group (JLG) AOP – Association of Persons Co-operative Societies.
[Audio] Individuals: Individual borrowers refer to natural persons who borrow money from lenders, such as banks, credit unions, or other financial institutions, for personal or household purposes. These categories include: Consumers Homeowners Investors.