Sumana G Rao
asked over 1 year ago
Write a note on Mitigating Credit risk?
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chetan
answered over 1 year ago
The methods can include risk based pricing, or adjusting the cost of creditaccording to the credit strength of the borrower; credit tightening, or reducing the amount of credit available to higher risk applicants; diversification, or increasing the portfolio mix of borrowers and purchasing credit insurance
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