....While the paper uses a decade old data from the last round of All-India Debt and Investment Survey, it points out to a persisting problem of banks not being able to cover un-banked areas. In March, Deputy Governor KC Chakrabarty said in a speech that banking has not been made accessible and reliable to people. Indeed, the key reason for informal sources of credit to thrive has been the ease at which loans can be accessed and the absence of a regular repayment............
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