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Why institutional credit agencies are reluctant to lend to the rural poor: A theoretical analysis of the Indian rural credit market


  • Basu, Santonu


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  • Basu, Santonu, 1997. "Why institutional credit agencies are reluctant to lend to the rural poor: A theoretical analysis of the Indian rural credit market," World Development, Elsevier, vol. 25(2), pages 267-280, February.
  • Handle: RePEc:eee:wdevel:v:25:y:1997:i:2:p:267-280

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    References listed on IDEAS

    1. Bell, Clive, 1988. "Credit markets and interlinked transactions," Handbook of Development Economics,in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 16, pages 763-830 Elsevier.
    2. Braverman, Avishay & Srinivasan, T. N., 1981. "Credit and sharecropping in agrarian societies," Journal of Development Economics, Elsevier, vol. 9(3), pages 289-312, December.
    3. Basu, Kaushik, 1983. "The Emergence of Isolation and Interlinkage in Rural Markets," Oxford Economic Papers, Oxford University Press, vol. 35(2), pages 262-280, July.
    4. Dasgupta, Partha, 1995. "An Inquiry into Well-Being and Destitution," OUP Catalogue, Oxford University Press, number 9780198288350, June.
    5. Bardhan, Pranab K, 1980. "Interlocking Factor Markets and Agrarian Development: A Review of Issues," Oxford Economic Papers, Oxford University Press, vol. 32(1), pages 82-98, March.
    6. Basu, Santonu, 1994. "Deregulation of the Australian Banking Sector: A Theoretical Perspective," Australian Economic Papers, Wiley Blackwell, vol. 33(63), pages 272-285, December.
    7. Bhagwati, Jagdish N & Chakravarty, Sukhamoy, 1969. "Contributions to Indian Economic Analysis: A Survey," American Economic Review, American Economic Association, vol. 59(4), pages 2-73, Part II S.
    8. Bell, Clive, 1990. "Interactions between Institutional and Informal Credit Agencies in Rural India," World Bank Economic Review, World Bank Group, vol. 4(3), pages 297-327, September.
    9. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    10. Basu, Kaushik, 1987. "Disneyland monopoly, interlinkage and usurious interest rates," Journal of Public Economics, Elsevier, vol. 34(1), pages 1-17, October.
    11. A. G. Chandavarkar, 1965. "The Premium for Risk as a Determinant of Interest Rates in Underdeveloped Rural Areas: Comment," The Quarterly Journal of Economics, Oxford University Press, vol. 79(2), pages 322-325.
    12. Ghose, Ajit K. & Saith, Ashwani, 1976. "Indebtedness, tenancy and the adoption of new technology in semi-feudal agriculture," World Development, Elsevier, vol. 4(4), pages 305-319, April.
    13. Basu, Santonu, 1989. "Deregulation: Small Business Access to the Capital Market--Theoretical Issues with Special Reference to Australian Bank Finance," Australian Economic Papers, Wiley Blackwell, vol. 28(52), pages 141-159, June.
    14. anonymous, 1965. "Reply to R. Banerjee," Management Science, INFORMS, vol. 11(7), pages 755-756, May.
    15. Bhaduri, Amit, 1977. "On the Formation of Usurious Interest Rates in Backward Agriculture," Cambridge Journal of Economics, Oxford University Press, vol. 1(4), pages 341-352, December.
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    Cited by:

    1. Peter Lawrence, 2002. "Household Credit and Saving: Does Policy Matter?," Development and Comp Systems 0211001, EconWPA.
    2. Santonu Basu, 2003. "Why do Banks Fail?," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(3), pages 231-248.
    3. Gupta, Vivek & Bhandari, Basu D. & Gautam, Tej K., 2016. "Choice of Income Generating Activities by Nepalese Farmers," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230131, Southern Agricultural Economics Association.
    4. Orso, Cristina Elisa, 2009. "Formal and informal sectors: Interactions between moneylenders and traditional banks in the rural Indian credit market," POLIS Working Papers 135, Institute of Public Policy and Public Choice - POLIS.
    5. Smith, Laurence E. D. & Stockbridge, Michael & Lohano, Hari Ram, 1999. "Facilitating the Provision of Farm Credit: The Role of Interlocking Transactions Between Traders and Zamindars in Crop Marketing Systems in Sindh," World Development, Elsevier, vol. 27(2), pages 403-418, February.
    6. Shehla Amjad & SAF Hasnu, 2007. "Smallholders’ Access to Rural Credit: Evidence from Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 12(2), pages 1-25, Jul-Dec.
    7. Langyintuo, Augustine S. & Lowenberg-DeBoer, James & Arndt, Channing, 2003. "Potential Impacts Of The Proposed West African Monetary Zone On Cowpea Trade In West And Central Africa," 2003 Annual meeting, July 27-30, Montreal, Canada 22236, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Peter Lawrence, 2006. "Finance and development: why should causation matter?," Journal of International Development, John Wiley & Sons, Ltd., vol. 18(7), pages 997-1016.

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