why do banks or coperative banks lend more.explain
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Explanation:
most loans from informal lenders carry a very high interest rate and do little to increase the income of the borrowers. hence, it is necessary that banks and cooperative increase their lending particularly in rural areas, show that the dependence on informal sources of credit reduces.
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Pls refer to the attached file for ur answer.
in vi th point after so that it is the poor can and thn continued the pic got cut so this is the missing part
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