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Discussion :: IBPS BANK EXAM TEST 4

  1. In relation to banking, what do you understand by "Ever-Greening of Loan Account"?
    2. A.

    Full repayment of a loan account before maturity pre-payment
    B.

    Full repayment of a loan account exactly at maturity
    C.

    Fresh Loan sanctioned during the tenure of account for enhancement of limits
    D.

    Adjusting the NPA/Sticky account with fresh sanction of loans
    E.

    Loans provided for new projects to new customers

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    Answer : Option D

    Explanation :

    Adjusting the NPA/Sticky account with fresh sanction of loans

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