blade bank
n.— «Here is a model village that is free from the ravenous moneylenders who extend loans to hapless farmers on exorbitant interest rates. Better known as “Blade Banks” in local parlance, these private banks bleed the villagers with abnormal interest loans and difficult terms, which drive many helpless victims into suicide.» —“A village free from the grip of private moneylenders” News from Kerala (India) Mar. 6, 2008. (source: Double-Tongued Dictionary)
Further reading
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