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Question -

What are the reasons why the banks might not be willing to lend to certain borrowers?



Answer -

The reasons why banks might not be willing to lend money to certain borrowers are given below:
1. Some people fail to provide the required set of documents to get a loan
2. Irregular wages and no fixed job is also one reason because it increases the chances of non-repayment of loans
3. Certain borrowers are added to the list of NPAs
4. There is high risk in approving loans to entrepreneurs

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