English, asked by shivani6826, 1 year ago

conclusion of formal sector credit in india

Answers

Answered by aditi1235
2
THE CONCLUSION IS ⬇️⬇️⬇️⬇️
● By this sector all the people get more and more help .
● The government get more benefits by the developing of this sector
● By this sector many small groups such as SHG get more help

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Answered by maanabhi224
1
HEY MATE!
HERE IS YOUR ANSWER

Banks and cooperative societies constitutes the formal sector of credit. The formal sector provides only marginally credit more than the informal sector currently. the credit activities of the formal sector are supervised by the Reserve Bank of India.the Reserve Bank of India give credit to all at low interest rates.

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