Question

A borrower has limits of ₹50 crore from Bank A and ₹40 crore from Bank B without consortium arrangement. The borrower diverts stock financed by Bank A to Bank
B. This is primarily a case of:

A Wilful Default
B Technical Default
C Evergreening
D Multiple Financing Risk
E Siphoning of Funds
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RBI Grade B 2026 Phase 1 Memory Based Paper
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