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Should there be superwise,such as the reserve bank of india,that looks into the loan activities of informal lenders? Why would its took be quite difficult?

Posted by Charanjit Singh 6 years, 9 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 6 years, 9 months ago

There should be a supervisor for checking the loan activities of Informal lenders. However, its task is quite difficult because informal sector constitutes many people who have different kind of business of their own, besides lending. They are not registered with the government.

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