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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1947 |
Essay's paper body
Branches situated in the urban areas are usually well equipped to handle big advances, project loans, larger L/C proposals etc. So when a larger L/C for import of fertilizer or food grains is opered in the urban area, distribution of fertilizer or food grains and consequential financial transactions involved in the process take place largely in the rural areas...
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Likewise big industrial projects to be established outside the urban areas are also financed from urban branches. So the benefit of importation of the items or investment of funds in case of project loans goes to the rural areas which are not taken into account in such generalization on resources transfer from rural to urban areas...
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