Strategy is a competitive strategy by which a firm develops unique products or services
Answers
Explanation:
RBI has major role in providing formal sector credit its role is started in the following. First the RBI Reserve Bank of India in shows that help ensure that the banks give loans not just to profit making business is and dates traders but also to small cultivators small scale industries small bulbs etc second period weekly Bank have to submit for information to the RBI on how much they are sending to home at and at what interest rate they are lending to borrower excetra third the banks maintain a man minimum cash balance out of the deposits they receive the RBI monitor the banks in actually maintaining cash balance sector charges higher interest rate on its loans has there is no organisation to supervise the sector and Collateral security is not required to obtain loan from this informal sector this could lead to increasing deptt with the borrower and can fall them into a debt trap also people.