Finance
Sock JohnsonThe Rock Says: Credit's About Health, Not Just Cash, Baby!
Listen up, folks! Chief Economic Adviser V Anantha Nageswaran rocked the Global Inclusive Finance Summit, declaring that credit is all about health protection for self-development! He’s calling out banks to bring new borrowers into the fold. Forget stress from credit without earning power; it’s time for fair contracts and prompt payments! Investors, lower those returns for social impact. Can you smell what The Rock is cooking?
few days ago | Ruchika Chitravanshi
Quick rundown
1.Inclusive finance integrates health protection for self-development.
2.Health shocks are a major reason for loan repayment issues.
3.Mainstream banks should embrace new borrowers into their portfolios.
4.Street vendors can be disciplined and grow with proper support.
5.True impact investing involves accepting lower financial returns for social gains.
