This paper is an attempt for illuminating an unexplored area in the field of institutional credit by different Banking and Non-Banking sector. This study highlighted the credit system of rural development; requirement of credit in rural India also the author highlighted the agricultural development after independence. After nationalization of commercial Banks in 1969 how commercial Banks endeavored to increase direct investment, how the new strategy called service area approach was introduced to increase productivity and income levels of rural people. The primary aim of this study are (I) to examine the credit performances of co-operatives, commercial Banks and RRB's in meeting the credit requirement. (II) To investigate the amount of loans sanctioned for disbursement purpose. (III) To find out the repayment and over dues of Bank credit.
In this study the author have tested the following hypothesis (I) That credit requirement of borrower households positively related to size of land holdings and inversely related to size of household income and it has no significant with household size. (II) That more number of willful defaulters belongs to higher income group.
This study is aimed at examining the current scenario of rural credit system in Dasarathpur Block of Jajpur District of the state of Odisha. It approaches to set forth the impacts and achievements of the selected credit agencies in the agricultural sector. It is an effort to assess the deficiencies of past studies if any and to carry on a comprehensive in-depth study of different issues not yet studied. The study also investigates and evaluates the capabilities and impact on the beneficiary household in generating income and employment. The study has used both inter-Temporal and cross sectional approaches in evaluating and justifying the impact of institutional financing for agricultural and rural economy. In methodological framework multistage sample design has been used to select the study area. At its micro level this study describes the important aspect of people's participation in development oriented programmes.
Therefore, the study concludes with the following (I) Share of informal agencies in the rural credit has significantly declined but not completely eliminated(II) Inter-regional disparities in the flow of agricultural credit depends upon the infrastructural facilities, approaches and attitudes of financing institutions towards less development regions.
Institutional Credit, Regional Rural Banks, Rural Development
