Community banks become popular amid slowdown

Microfinance is a sector that has gained popularity in the present scenario of a financial crisis and a global economic slowdown. Well, community banks or cooperative credit societies are another kind of micro financing mechanism, which have now come to the fore. The reason being that large private banks are getting into a shell, shunning consumers due to lack of liquidity or fear of defaults. ... community banks loans slowdown NDTV Profit India



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