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    Utkarsh Sinha
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    The document compares interest rates and processing times for commercial banks, money lenders, cooperative banks, and regional rural banks (RRBs) for rural Indian consumers. Commercial banks have the highest interest rate of 12.5% but also the longest processing time of 33 weeks, while RRBs have competitive rates and shorter processing times than commercial banks or money lenders.

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    The document compares interest rates and processing times for commercial banks, money lenders, cooperative banks, and regional rural banks (RRBs) for rural Indian consumers. Commercial banks have the highest interest rate of 12.5% but also the longest processing time of 33 weeks, while RRBs have competitive rates and shorter processing times than commercial banks or money lenders.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    18 views1 page

    Document 1

    Uploaded by

    Utkarsh Sinha
    The document compares interest rates and processing times for commercial banks, money lenders, cooperative banks, and regional rural banks (RRBs) for rural Indian consumers. Commercial banks have the highest interest rate of 12.5% but also the longest processing time of 33 weeks, while RRBs have competitive rates and shorter processing times than commercial banks or money lenders.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Commercial

    *Interest rate
    12.5%
    *Processing
    Time 33Weeks

    MoneyLenders State of Co-operative


    Bank

    Rural India
    *Charge
    Exorbitant rates *Interest :11%
    *Locks in *Pocessing:29
    consumers
    Market w

    RRB
    *Interest
    rate:11%
    *Processing
    Time:24 Weeks

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