Reducing Small Loans from Banks – A Serious Alarm, Act Immediately
After nationalisation of 14 banks in 1969 and 6 more in 1980, access to credit became possible for small borrowers. But everything changed after 1991 and worsened after 2014.
Please refer to tables from RBI over a period, given below:
In 1972, credit less than Rs.10,000 was for 90.40% of borrowers a...
