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Why it is neccessary that banks and cooperatives to lending in rural areas?

Answer»

uestion : Why it is NECCESSARY that BANKS and cooperatives to lending in rural areas?❤️Answer: It is necessary for banks and cooperatives to increase their lending in rural areas because the money lenders in rural areas are charging higher RATE of interest and the rural people were unable to bear the interest cost. Most of their earnings are USED for PAYING the interest



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