Onlinemarup Growing Fast....
- onlinemarup

- Mar 4, 2020
- 3 min read
Updated: Mar 6, 2020
Marup is really a very good socio-economic system in Manipuri Society. This aged-old system which helps financially many of us in our society, is hardly available in other societies. But surprisingly, none of us till today are trying to improve, legalized or polished the system to boost our financial economy. Just think if the nationalised banks such as Manipur Co-operative bank, Manipur Rural Bank, Branches of SBI in Manipur adopt this system called 'Marup & Tender' to help the people in Manipur instead of providing only Loans. I can not understand why the nationalized banks could not pay such profits to the members while individuals, entrepreneurs or groups starting 'Marup & Tender' can pay profit to all the members. May be it depends on the system or RBI may not know that even small businesses like a grocery shop even yields minimum 10-15% profit per month. But these big banks are giving us 3.5% per year for our money they used, surprising! isn't it the biggest SCAM! Do you once try to know how much profit of our money is earning by these banks per month?
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