Business Quote by Urjit Patel
“We should redefine the metric for effective lending, viz., prioritise loans to enterprises, which will generate more employment.”
About This Quote
Source Speech: Economic Forum, 2015
Effective lending should prioritize enterprise loans to boost employment.
In simple terms: Focus loans on businesses to create jobs.
Lend to firms, create jobs.
Themes
Mood
Type
When to use this quote
- government policy
- banking strategy
- small business support
- job creation
Key Concepts
Questions to Reflect On
- How can we balance risk and job creation?
- What safeguards ensure loans reach intended enterprises?
May overlook startups lacking collateral.