Role of Rural Banks in the Rural Development in India

MR. RAJESH KUMAR, DR. O P PATHAK

Abstract


“The Role of the rural banking in the economic development of a cannot be ignore. As Gandhiji said “In India village economy is the backbone of Indian economy, the objectives of economic planning cannot be achieved without the development of rural economy,”

This research paper is very indicative is an attempt to evaluate the trends in the rural banking. In this, the concept and need for rural banking and rural development has been discussed. The role of commercial banks, cooperatives, Regional Rural Banks and NABARD has been highlighted. The presence of multi-agency approach to rural banking has also been discussed.


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