Social Sciences, asked by rajeev5982, 1 month ago

Difference between bank loans and loans taken from SHGs

Answers

Answered by hardikpadwal1208

Answer:

Bank loan advances the loan by mortgaging any property as collateral, but SHG advances their loan without any collateral. ... Bank accept the deposit from the depositors and advance that amount keeping a fraction of ratio as a reserve they advance that amount as loan.

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