Social Sciences, asked by mrbanpela, 1 year ago

Which organization supervises the activities of the formal sector in giving credit

Answers

Answered by likhitha77
7
reserve Bank of India (RBI)
Answered by aqibkincsem
0

Under the Formal and Informal Sectors of Credit in India People can borrow money. People could easily borrow the money from many number of sources so that it is especially important to see that they are legal.

Banks are unwilling to give loans to small farmers but there is no organisation to supervise credit activities of the informal sectors in India.

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