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VOL. 10, ISSUE 2 (2024)
Present scenario of regional rural bank in Bihar
Authors
Akash Kumar
Abstract
Regional rural Banks plays a vital role in the agriculture and rural
development of India. The RRBS have more reached to the rural area of India,
through their huge network. The success of rural credit in India is largely
depends on their financial strength. RRBs are key financing institution at the
rural level which shoulders responsibility of meeting credit needs of different
types of agriculture credit in rural areas the process of economic development,
the banks are to play an innovation role by introducing newness in delivery and
recovery system. It is impossible for the farmers and other target groups in
rural areas to save first a certain amount of deposits and then undertake
investment in land or allied activities or service sector. It would be more realistic
first to help them with a loan to invest in their familiar sector, so as to
enable them to raise their productivity and income. The banks should then
recover loans from the increase income. At present, most of the regional rural
banks are facing the problems of overdue, recovery, nonperforming assets and
other problems. Therefore, it is necessary to study present status of RRBs in Bihar.
This paper made an attempt analyse RRBS in Bihar.
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Pages:17-19
How to cite this article:
Akash Kumar "Present scenario of regional rural bank in Bihar". International Journal of Commerce and Management Research, Vol 10, Issue 2, 2024, Pages 17-19
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