The following points highlight the eight main sources of rural credit. The sources are: 1. Co-Operative Credit Societies 2. Land Development Banks 3. State Bank of India and Rural Credit 4. Reserve Bank of India 5. Agricultural Refinance and Development Corporation 6. Regional Rural Banks 7. Crop Loan Scheme 8. NABARD 9. Kisan Credit Card Scheme. Institutional credit for agriculture [...]
The following points highlight the top four cooperative credit institutions. The credit institutions are: 1. Central Cooperative Banks 2. Apex or State Co-Operative Banks 3. Reserve Bank of India and the State Co-Operative Banks 4. Land Development Banks. Credit Institution # 1. Central Cooperative Banks: The Central Banks work as an intermediary to link the primary societies with the money [...]
Credit as an input for agricultural production has not received the required marketing thrust so far. It has been dealt with as a public good which needs to be provided by the state only, because the market agencies are exploitative and as such do not attend to the genuine needs of the borrowers. But, over time, it has become clear [...]