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Home Questions & Answers General Knowledge Financial Awareness Question Answers Which of the following is a function of the agent bank relating to flow of money in the process of loan syndication?

    Which of the following is a function of the agent bank relating to flow of money in the process of loan syndication?

  • Receiving notices relating to cancellation of any part of the loan
  • Calling of loans in the event of default
  • Receiving the fee from the borrower and distributing among the participating banks
  • Receiving notices relating to transfers to banks
  • None of these