IDEAS home Printed from https://ideas.repec.org/p/iim/iimawp/wp00797.html
   My bibliography  Save this paper

Commercial Banks Finance for Rural Development

Author

Listed:
  • Gurdev Singh
  • Asokan S R

Abstract

In 1969 fourteen commercial banks (six more in 1980) were nationalized to increasingly involve them in financing the developmental programmes in rural India. Subsequently Branch expansion policy was revised and reoriented in favor of rural areas. Regulatory controls for preferential allocations to identify priority sectors were enforced. Special activities and weaker sections were provided concessional finances under IRDP, 20 PEP, DRI scheme, etc. Backward areas were given special attention in this respect. The idea was to make the commercial banks an effective instrument of rural development. The performance of commercial banks between 1969-70 and 1984-85 showed big leaps forward in the number of rural branches and disbursement of loans. However, the performance was less than proportionate in rural deposit mobilization and recovery of loan dues. Further the performance was not identical across the states. Disparities were found in the coverage of population and cultivated area per branch, disbursements in different areas, for different purposes and to different groups of people on absolute and per hectare basis. Important observations on the performance of this segment of formal rural credit system are made.

Suggested Citation

  • Gurdev Singh & Asokan S R, 1987. "Commercial Banks Finance for Rural Development," IIMA Working Papers WP1987-12-01_00797, Indian Institute of Management Ahmedabad, Research and Publication Department.
  • Handle: RePEc:iim:iimawp:wp00797
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iim:iimawp:wp00797. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/eciimin.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.