moneylender

Finally, the rating agencies have the point of view of moneylenders rather than economists or equity investors or citizens.

That would be good news for these moneylenders, but is surely not the outcome that policymakers want.

First, informal moneylenders will be encouraged to register as private lending institutions free to operate with the blessing of the state.

Moneylenders are common across rural India, often providing loans at extortionate rates. Some farmers hand over food booklets as collateral.

In turn, moneylenders slip money to clerks to let them use the ration cards to collect the subsidized grain, sugar and fuel.

They complain that moneylenders advance only a fraction of the item's value.

Even with these rules, access to bank credit is very limited. In much of the countryside, usurious moneylenders still hold sway.

Destitute basketweavers had to borrow from moneylenders , and the moneylenders took advantage of them.

Moneylenders can charge exorbitant interest rates that initiate an endless cycle of poverty and debts.

The moneylenders quickly moved against them, threatening them and driving them from the quarries.

Moneylenders generally charge extremely high interest rates on loans.

By September over 100 moneylenders were showing up at his premises every day demanding repayment.