Working and performance of regional rural banks in Haryana- comparitive study of Gurgaon Gramin Bank and Harco Bank

Regional Rural Banks have played a Key role in rural institutional financing in term of geographical coverage, clientele outreach, business volume and also contribution to the development of the rural economy. A remarkable feature of their performance over the past three and a half decades has been the massive expansion of their retail network areas. Keeping this fact in mind the study was conducted to evaluate the performance of RRBs in the State of Haryana. The present study is a modest attempt to make an appraisal of rural credit structure and role played by RRBs in the development of rural sector of Haryana. This is an exploratory and descriptive study of RRBs of Haryana State i.e. Gurgaon Gramin Bank and Harco Bank. Data was collected from the annual reports of the selected banks, official records, newspapers, books and other online sources. The study depicts that the performance of these two banks in the sphere of rural credit is much satisfactory. Some suggestions have been given to improve the efficiency of the banks.