CREDIT SCHEMES FOR PRODUCERS AND RECOVERY PERFORMANCE OF REGIONAL RURAL BANKS: A STUDY OF GWALIOR DISTRICT
Keywords:
.Abstract
Regional Rural Bank is a kind of organization which is regulated by Central government, Reserve Bank, govt. agencies and Originating bank which in less expense provides banking facilities in those rural areas which were disconnected from banking facilities. The study of this paper focuses on the credit schemes initiated by Regional Rural Banks. In this study, an emphasis is made to highlight growth rate of loan sanctioned by RRBs from 1996 to 2001. I have also shown the financial resources of Gwalior – Datia RRBs by table. I throw light over the recovery performance of banks in Gwalior district. Regional Rural banks are started to help marginal farmers, needy producers, rural artisans, small entrepreneurs and agricultural labourers of unbanked areas by providing credit to enhance their economic condition. I discuss how credit schemes introduced by RRBs help needy producers and in what extend loan sanctioned to customers is repaid. I show the loss and profit to banks by these credit schemes by table and graph. The purpose of present study is to discuss the importance of loan and the recovery performance by RRBs in Gwalior District. The prosperity of any bank directly links with credit deployment and recovery performance. In all19 branches of Gwalior-Datia RRBs, only in three branches loss to bank has been observed which indicates sincere working of bank employees. To ensure 100% recovery of loan we need to identify major problems which cause in delay in repayment of loans.
References
Agarwal, R.K.(1991). Evaluation of the working of Regional Rural Banks. Mittal Publications: New Delhi ,.p.,134
Annual Reports of Gwalior- Datia RRBs.
Desai, Basant. (1985). A Study of Rural Economics. Vivek prakashan: New Delhi, pp99-102.
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