Why do be need to expand formal sources if credit in India?
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why do we need to expand formal sources of credit in india ?? what ... We need to expand the formal sources of credit because of the following reasons;) (1) Formal sources of credit are less risky and they charge less rate of interest . (2) The RBI supervises the functioning of formal sources if loans. It monitors the bank in actually maintain cash balance.
why do we need to expand formal sources of credit in india ?? what ... We need to expand the formal sources of credit because of the following reasons;) (1) Formal sources of credit are less risky and they charge less rate of interest . (2) The RBI supervises the functioning of formal sources if loans. It monitors the bank in actually maintain cash balance.
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