Asian Journal of Management and Commerce
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P-ISSN: 2708-4515, E-ISSN: 2708-4523

2023, Vol. 4, Issue 1, Part C

The role of India's regional rural banks in rural economic development

Author(s): Sanjib Das and Dr. Ashok Kumar Purohit

Abstract: It is impossible to emphasize the importance of Regional Rural Banks to the development of India's rural economy. M.K. Since, as Gandhi said, "real India lives in the village," it stands to reason that India's rural communities play a significant role in the country's economy. This research was conducted to evaluate how well RRBs in rural India have met the tasks set forth for them. This research uses secondary sources because of its exploratory nature; they include rural credit aims and successes, direct and indirect credit in agricultural and associated businesses, and the credit deposit ratio. The Reserve Bank of India (RBI) and the National Bank of Agriculture and Rural Development (NABARD) provided the bulk of the supplementary information used in this study (NABARD). Notable journals included include Banker and the Journal of the Indian Institute of Bankers. The purpose of this study is to examine rural development banks in India and the state of Gujarat in terms of their roles in the rural credit infrastructures of both countries. Loans and advances made by RRBs to priority and non-priority sectors for the six-year period 2011-2012-2017-2018 are the exclusive subject of this study. The analysis and conclusions drawn from this study made use of quantitative tools like percentages and growth rates.

Pages: 230-234 | Views: 460 | Downloads: 240

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Asian Journal of Management and Commerce
How to cite this article:
Sanjib Das, Dr. Ashok Kumar Purohit. The role of India's regional rural banks in rural economic development. Asian J Manage Commerce 2023;4(1):230-234.
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