We will continue the policy of allowing micro and small enterprises to defer principal and interest repayments on inclusive-finance loans, and increase support for inclusive finance via re-lending and rediscounting.
Then they could wait to sell the crops until prices rose. While they waited, they could borrow money from the government at low cost. They would pay back the loans when they sold their crops.
Suddenly, American bankers could no longer make loans to Germany. This meant that Germany could not pay back war debts to France and the other Allied nations in " the war to end all wars."
And what they've said is that they'll have to increase what they charge borrowers for loans or they might not be able to make certain loans or do certain things anymore because these rules will make them too onerous.
We will use a variety of tools such as required reserve ratio reductions, interest rate cuts, and re-lending to enable M2 money supply and aggregate financing to grow at notably higher rates than last year.
So when they said that, hey, you banks, you can't make these loans anymore, banks decided to actually you know, lend to NDFIs, which are the firms that popped up in that absence.
Many people already moved during COVID and another move so quickly would be too disruptive on their social and family lives in addition to the significant interest expense of new home loans.