Banks should give loans to small businesses at cheaper interest rates: DFS Secretary

Nagaraju observed that Indian banks’ credit-to-GDP ratio stands at just 57%. This is significantly lower than economies like China, which has 199% credit-to-GDP ratio; the US at 147% and Japan at 153%

Banks should give loans to small businesses at cheaper interest rates: DFS Secretary
Nagaraju observed that Indian banks’ credit-to-GDP ratio stands at just 57%. This is significantly lower than economies like China, which has 199% credit-to-GDP ratio; the US at 147% and Japan at 153%

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