Re: BB sold Surrey Palace, NA told
Yaar I was saying that people can afford things b/c or easy access to credit, and not b/c of reduction in poverty as claimed MP Bhandara. Also, banking system might be good, but fact is there is no way to check to see financial worthiness of an individual b4 banks can issue credit.
Why? Is it difficult to check what a person is earning plus what existing loans they have? As for those that do not have any income or have low income or could not provide evidence of their income, I do not think that any bank would give such person loan, especially to buy consumable goods.