Business Studies, asked by Prashantgaikar9537, 1 year ago

Difference between formal and informal financial system.

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Answered by rohitsingh72

0

sorry I don't know bro

Answered by ajmal64

0

The paper investigates vertical linkages between formal and informal financial institutions. Specifically, it studies a policy that expands formalcredit to informal lenders, in the hope that this will improve loan terms for borrowers who are shut out of theformal sector.

ajmal64: please mark it as brainliest

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