Institutional credit support plays a catalytic role in accelerating the pace of economic development of a country. In the context of developing economy of India, bank finance plays a crucial role in pushing the agricultural economy on to the progressive pathway and helping develop rural India. Indian banking, appreciably, over the years, has emerged from being a purveyor of credit to be an engine of economic development. A historic review of the ...
In the post-nationalization period, Indian political sector commercial banks have made rapid strides of progress by way of branch expansion, geographical coverage, priority sector lending and social banking. Departing from the tradition of lending to the agricultural sector, rural development and the small-sale entrepreneur and the tiny sector. Despite the positive emerging trends in the public sector banks by in servicing the priority sectors by ...