A number of non-banking finance COMPANIES have entered the rural microcredit market. Many microcredit agencies have been charging interest RATES not very dissimilar to those charged by moneylenders. Borrowing then becomes more to meet pressing consumption NEEDS, rather than for farming or small-scale enterprises.

Author - M. S. Swaminathan


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Posted on 10 Nov 2024, this text provides information on Agencies related to M. S. Swaminathan. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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