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Business Quote by Urjit Patel

“We should redefine the metric for effective lending, viz., prioritise loans to enterprises, which will generate more employment.” quote by Urjit Patel
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“We should redefine the metric for effective lending, viz., prioritise loans to enterprises, which will generate more employment.”

Urjit Patel

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.

Key Takeaway

Lend to firms, create jobs.

Themes

economics employment finance

Mood

analytical optimistic

Type

policy economic

When to use this quote

  • government policy
  • banking strategy
  • small business support
  • job creation

Key Concepts

microfinance development economics

Questions to Reflect On

  • How can we balance risk and job creation?
  • What safeguards ensure loans reach intended enterprises?
A Different Perspective

May overlook startups lacking collateral.

4.4 out of 5 (6 ratings)

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