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What are the two categories of …

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What are the two categories of sources of credit write four features of each
  • 4 answers

Amit Mishra 6 years, 4 months ago

I need a girlfriend

Sanket Arjun 6 years, 4 months ago

Informal,. It charge higher rate. Collateral is not required. No organisers . It include moneylenders,relatives, friends.

Sanket Arjun 6 years, 4 months ago

Formal,. It provide loans at lower rate. Collateral security is required for loan . Organized by RBI. It include banks and cooperatives

Sanket Arjun 6 years, 4 months ago

Formal sector credit and informal sector credit.
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