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Institutional finance is an important pre-requisite for rural development. Institutional credit entered the rural areas a long ago the form of co-operative and later in the form of commercial banks after their nationalization in 1969. But these institutions failed to penetrate the rural area as the benefits of the institutional credit continued to be concerned by the influential and economically and politically powerful sections of the society.

Produktbeschreibung
Institutional finance is an important pre-requisite for rural development. Institutional credit entered the rural areas a long ago the form of co-operative and later in the form of commercial banks after their nationalization in 1969. But these institutions failed to penetrate the rural area as the benefits of the institutional credit continued to be concerned by the influential and economically and politically powerful sections of the society.