Difference b/w loans and borrowings in fo rm of commercial borrowings and n form of assistance?
Dear student,
Loans and borrowings in the form of commercial borrowings refer to the funds borrowed from the commercial banks and other financial institutions for business or commercial purposes. However, borrowings in the form of assistance refer to the funds received by foreign banks or institutions in case of emergencies or natural disasters.
Loans and borrowings in the form of commercial borrowings refer to the funds borrowed from the commercial banks and other financial institutions for business or commercial purposes. However, borrowings in the form of assistance refer to the funds received by foreign banks or institutions in case of emergencies or natural disasters.