Financial Daily from THE HINDU group of publications
Tuesday, Apr 11, 2006
Financial Daily from THE HINDU group of publications Tuesday, Apr 11, 2006 |
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Opinion
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Letters Community-based banking
This is with reference to, "Is it the end of the road for community-based banking?" (Business Line, April 6): The banks will try to play safe, reduce the cost of servicing and enhance profit. It is necessary that the Government and banks work together. Appropriate revision to rules and regulations should be made so that the unorganised sector gets credit without difficulty. It will be seen that the NPA is negligible in this sector compared to others. The Government should insist that banks meet their lending quota to the sector. A. Jacob Sahayam Thiruvanathapuram
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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