Genpact Commercial Manager Interview Questions and Answers

Lending is the act of providing money or assets to another party with the expectation of repayment.

• Lending involves a lender providing funds to a borrower with the expectation of receiving interest and principal repayment.

• Lending can take many forms, including personal loans, mortgages, and business loans.

• Lenders may require collateral or a credit check to mitigate risk.

• Interest rates and repayment terms vary depending...read more

Disbursement amount refers to the total amount of money paid out by a lender to a borrower.

• It is the amount of money that a borrower receives from a lender after the loan is approved.

• It includes the principal amount as well as any interest or fees that may be charged.

• Disbursement amount can vary depending on the type of loan and the lender's policies.

• For example, in a mortgage loan, the disbursement amount may be paid ...read more