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Loan Amount............

Posted on: 20th May, 2009 10:37 am
Why banks have different loan amounts for saction(some banks approves 75%, some 80%, some upto 90%)

Is there any government regularity to control this?
Or individual bank took their decision about sanctioning amount?
Banks all implement their own rules because it is their money they are lending. I hope this helps...
Posted on: 20th May, 2009 10:45 am
any central agencies are there to control this?
Posted on: 13th Jun, 2009 11:34 am
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