Social Sciences, asked by Suveen11, 1 year ago

what are the reasons behind the rate of interest did not decrease lent by money lenders till 2003

Answers

Answered by broke
1
Hey
Here is ur answer


The moneylenders offered high rate of interest till 2003 because so that they

1.To increase their level of income
2.To extending their banking network
3.Borrowers were unable to pay their loan so that they forced them into rural debt

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