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    Historically, banks have been the primary source of credit for India's economy, mobilizing savings that average 30-35% annually. Recent financial inclusion schemes aim to tap rural and suburban savings while converting unproductive physical savings into financial savings. Credit cards, securitization, and lending to loyal customers have positively impacted credit growth and strengthened customer relationships, with loans being the primary source of revenue as banks accept deposits and lend at higher rates.

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    Historically, banks have been the primary source of credit for India's economy, mobilizing savings that average 30-35% annually. Recent financial inclusion schemes aim to tap rural and suburban savings while converting unproductive physical savings into financial savings. Credit cards, securitization, and lending to loyal customers have positively impacted credit growth and strengthened customer relationships, with loans being the primary source of revenue as banks accept deposits and lend at higher rates.

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    8 views1 page

    Loan Del-Business

    Uploaded by

    Hello World
    Historically, banks have been the primary source of credit for India's economy, mobilizing savings that average 30-35% annually. Recent financial inclusion schemes aim to tap rural and suburban savings while converting unproductive physical savings into financial savings. Credit cards, securitization, and lending to loyal customers have positively impacted credit growth and strengthened customer relationships, with loans being the primary source of revenue as banks accept deposits and lend at higher rates.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Historically, banks have been the primary source of credit for various sectors of the Indian

    economy and their lending operations have evolved in response to the needs of the
    economy. India's savings rate has remained in the range of 30-35%, and banks mobilize such
    resources. Encouraging financial savings, which have the potential to enhance growth, has
    been a key focus. Recent schemes for financial inclusion aim to tap savings from rural and
    suburban areas, as well as convert unproductive physical savings into financial savings.
    Credit cards and securitization have also emerged over time, which have had a positive
    impact on credit growth.
    Loans are the primary source of revenue for banks, as they lend money to businesses,
    individuals, and farmers. Banks accept deposits from customers and lend them at a higher
    rate in the form of loans. The difference between the lending rate and the deposit rate is
    the primary source of income for banks. Additionally, banks continue to lend to loyal
    customers as a way to strengthen customer relationships over time.

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