Arrange the following steps involved in the process of credit appraisal in banks in the correct sequence:
A. Sanction of the loan
B. Due diligence and credit analysis
C. Loan documentation
D. Credit appraisal report
Choose the correct answer from the options given below:
1
B, D, C, A
2
D, B, C, A
3
B, C, D, A
4
C, B, D, A