Long-term borrowing consists of a long application process where repayments are made for several years in order to pay off the loan. This loan is borrowed to fulfill the business needs on a large scale.
Long Term Borrowings means Interest-Bearing Liabilities.. more than 1 year including Bonds, Other Borrowings and Other Liabilities (Regulatory Liabilities).
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Answer:
Long-term borrowing consists of a long application process where repayments are made for several years in order to pay off the loan. This loan is borrowed to fulfill the business needs on a large scale.
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Explanation:
Long Term Borrowings means Interest-Bearing Liabilities.. more than 1 year including Bonds, Other Borrowings and Other Liabilities (Regulatory Liabilities).