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Why banks are speeding up loans, credit card approvals


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arungopal agarwal
Banks
by arungopal agarwal on May 11, 2018 11:32 AM

Industry is in big problem today, as banks have squeezed their loans due to many compliance which they have started after many scams in which their own officials were involved.
Due to GST and delay in credit, industry needs more money as their working capital is blocked, but no one is funding it. As such un-employment, lesser production, lesser export in SME sector.

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