AK Sharma
Business
In the Malwa region of Punjab, banks behave like petty moneylenders
Banks in Punjab's Malwa region have come under pressure from the state government to go easy on farmers who are unable to service their loans
Business
Money lending by Punjab’s rich farmers is widening the wealth gap in state's countryside
A large proportion of farmers in Punjab relies on borrowing from big farmers as it does not involve paperwork required when applying for loans from banks