distinguish between quantitative method and qualitative method of credit control.
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The main difference between Qualitative and Quantitative method is that:
- Quantitative method is used to control the volume of total credit through bank rate policy, open market operations, CRR, SLR, Repo rate etc.
- Qualitative method is used to control the flow of credit through direct auction, moral suasion, consumer credit regulations, margin requirements etc.
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Solution.
Sr.No. Quantitative Credit Control Measures Qualitative Credit Control Measures
(i) These credit control measures are used to control the volume of credit. These credit control measures are used to control the flow of credit.
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Solution.
Sr.No. Quantitative Credit Control Measures Qualitative Credit Control Measures
(i) These credit control measures are used to control the volume of credit. These credit control measures are used to control the flow of credit.
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