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Your opinion on farm loan waiver

This is a discussion on Your opinion on farm loan waiver within the Chit Chat forums, part of the The Lounge category; Why there is no law on fixed cap of interest by any private player is beyond me Very good observation ...

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 Old 15 Mar 08, 01:35 AM
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Default Re: Your opinion on farm loan waiver

Why there is no law on fixed cap of interest by any private player is beyond me
Very good observation sardar. I too agree with u. But generally the rate of interest is dependent on repo and reverse repo rates, which is inturn dependent on inflation.
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  #12 (permalink)  
 Old 15 Mar 08, 01:54 AM
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Default Re: Your opinion on farm loan waiver

Originally Posted by Ninja View Post
Very good observation sardar. I too agree with u. But generally the rate of interest is dependent on repo and reverse repo rates, which is inturn dependent on inflation.
arre crr's no way effect what the money lenders will charge
They are under no obligations to maintain any cash in hand or otherwise. The motive there is simple.
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  #13 (permalink)  
 Old 15 Mar 08, 02:20 AM
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Default Re: Your opinion on farm loan waiver

^ lol i thought u were talking about the private banks, Mujhe kya pata tha aap muneemji ki baat kar rahe hai
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