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Homebank loans for slum dwellers

bank loans for slum dwellers

Economy

Here’s why bank loans aren’t meant for Bengaluru’s poor

October 12, 2015 Navya P K

Poor in Bengaluru trapped in the vicious circle of money-lending are unable to get bank loans. Structurally the poor are designed to be left out of the banking system, as banks cannot determine either their ability or intent to repay loans.

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