Summary
Because of this, they can make new plans to help people. 🌟
The government is talking about ideas for young people and farms. 🚜
All this helps the country grow and stay safe.
Key Points
4 points1
Bad loans are at the lowest level ever.
2
Banks can now think about new ideas.
3
Young people and farmers are part of the plans.
4
The meeting is called a banking confluence.
New Words to Learn
9 wordsbad loans
money that people could not pay back to the bank
balance sheet
a list that shows what a bank owns and owes
reforms
big changes to make things work better
demographic
information about how many people are in different age groups
confluence
a big meeting where many people discuss ideas
credit card
a small plastic card that lets you buy things now and pay later
priority sector lending
loans that the bank gives to important groups like farmers
global capability centres
big offices that help companies do work from different countries
investment cycle
the process of putting money into projects and getting it back later
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