Which among the following is not a part of the informal sector loans?
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Money lenders are the indigenous bankers of India.
Usually, they lend money on short term basis.
Collateral in form of gold is taken from borrowers.
Money lenders are not supervised or controlled by RBI in India.
Usually, they lend money on short term basis.
Collateral in form of gold is taken from borrowers.
Money lenders are not supervised or controlled by RBI in India.
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