When more than one bank is allowing credit facilities to one party in co-ordination with each other under a formal arrangement the arrangement is generally known as

When more than one bank is allowing credit facilities to one party in

1.	When more than one bank is allowing credit facilities to one party in co-ordination with each other under a formal arrangement the arrangement is generally known as
A.	participation
B.	consortium
C.	syndication
D.	multiple banking
Answer» C. syndication

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When more than one bank is allowing credit facilities to one party in co-ordination with each other under a formal arrangement the arrangement is generally known as

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