On the other hand, there is no organisation which supervises the credit activities of lenders in the informal sector.They can lend at any interest rate. ... 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 .
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On the other hand, there is no organisation which supervises the credit activities of lenders in the informal sector.They can lend at any interest rate. ... 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 .