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Why is the offering of 'teaser loans' by commercial banks is a cause of economic concern?1. The 'teaser loans' are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.2. In India, the 'teaser loans' are mostly given to entrepreneurs to set-up manufacturing or export units. Which of the statement(s) given above is/are correct?

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Why is the offering of 'teaser loans' by commercial banks is a cause of economic concern?<br />1. The 'teaser loans' are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.<br />2. In India, the 'teaser loans' are mostly given to entrepreneurs to set-up manufacturing or export units. Which of the statement(s) given above is/are correct?






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