Indian Economy
Since the inception of the co-operative movement, rural credits has been

all of the listed here
institutionalized
cheapened
rationalized

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Indian Economy
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

to setup more foreign exchange banks
to lend more easily for industrial development
to govern entry of new private sector banks to make the banking sector more competitive
to reduce the freedom given to banks to rationalize their existing branch network

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