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Question
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Why might banks be unwilling to lend to small farmers?
One Line Answer
Solution
Banks might be unwilling to lend to small farmers for lack of a collateral or asset on the part of the farmers.
shaalaa.com
Informal Institutions - Local Money Lenders, Landlords, Self Help Groups, Chit Funds and Private Finance Companies
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