History, asked by Anonymous, 1 year ago

what could be done in terms of credit availability for India's development​

Answers

Answered by jascite2
18

Answer:

Increased access to external commercial borrowings (ECB) as well as capital markets to corporates led to further decline of DFI lending. Meanwhile, RBI permitted the opening of banks by private sector or semi public sector. This resulted in term lending institutions such as IDBI and ICICI setting up commercial banks.

Explanation:

Answered by gratefuljarette
8

In order to increase credit availability in India, more banks should set up with more enhanced policies.

Explanation:

  • The RBI needs to invent more funds and interest on loans should be less. Policy makers should develop a framework that allows the secondary market to flourish helping in increased participation by investors which would further incentivize the borrowers to manage their credit profile in a much better way.
  • In order to boost it, credit linkages must be taken into account. The plan should be effective enough tom makes Credit downturns less severe on the other hand to be shorter.

Learn more about credit availability

Project on trends in credit availability in india

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Its about economics project,the topic is trends in credit availability in india

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