ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Rural Credit : Interest Rates on Micro Credit

Interest Rates on Micro Credit A correspondent writes: SEVERAL aspects of the credit policy announced by RBI call for comment. More than any other aspect, however, what warrants notice is the absence of recognition on the part of RBI that rural credit not only deserves special attention in view of its neglect in recent past, judged by any measure, but also holds opportunities for the extension of bank credit in a situation when the real problem is not one of excess demand for credit but of excess liquidity as is borne out by the banks

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