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Court-ordered interest waiver on loans - Coggle Diagram
Court-ordered interest waiver on loans
Intro
CI
Banks don´t make loans
depositor do
D/F
Banks have 210 crore deposit account
but only 27 crore loan accounts
MB
BP/GE/IS
Waiving interest dues
recognition is economically ignorant
because
more than 20% of indians are depositors
while less than 2% borrowers
sabotages economic justice
because fiscally funding banking
diverts money
from education, health
and skilling expenditure