what can be done to increase formal credit facilities to the people in the rural area . best points only
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for for points u only get one point
establish new and more banks
establish new and more banks
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In order to increase formal credit facilities to the people in the rural area, following things could be done...
1. Increase the number of small banks in that area.
2. Providing low rate of interest.
3. By launching bank related schemes.
4. By spreading awareness and telling the merits and demerits of formal and informal sectors of credit.
5. By establishment of more number of shgs(Self Help Groups).
1. Increase the number of small banks in that area.
2. Providing low rate of interest.
3. By launching bank related schemes.
4. By spreading awareness and telling the merits and demerits of formal and informal sectors of credit.
5. By establishment of more number of shgs(Self Help Groups).
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