Originally posted by: aryagr
ven't watched d epi yet but guess cvs showed stupidity in the process of sanctionin loan. Thr was 1 post whr sm1 has asked whther it was possible to pass loan on 1 day n I had replied yes, provided the guarantors ha gud networth and strong gudwill and also provided tht borrower provides all the req docs by bank on tht day but its not tht easy. Its not necessary tht loan applications ve 2 b long but after borrower provided all d docs, it dependsn the level of sanctioning authority. If the certain loan amount can b passed on branch level than the branch manager may saction on that date. Again, after loan is sanctionexd, there is documentation part frm borroeer n guarantor. Also, if loan is against any seurity or collateral, that had to b mortgaged 1st. So, its not eg. But this is ema where u can get all d stupidity.