Co-operative banks and agriculture credit-an analysis

Co-operative banks in particular and co-operative sector in general are the main sectors which promoting the financial and economic growth of the country like India. The rural cooperative banks have prime role to the rural development of the nation. This study has analysed the role of co-operative banks in agriculture credit by a sample survey. The structure and flow of agriculture credit, customer satisfaction level, recovery status of loans and repayment structure are subjected to analyse under this study with the relevant statistical tools. Out of total agriculture and allied loans, more than 80 percent were fully utilized and 22 percent of agriculture and allied loans are still not being repaid. More than 60 percent customers of the bank are delighted with the services of the bank and more than 50 percent of borrowers of the bank are opined that the interest rate of the co-operative bank is reasonable.