9th International Science Congress (ISC-2019).  International E-publication: Publish Projects, Dissertation, Theses, Books, Souvenir, Conference Proceeding with ISBN.  International E-Bulletin: Information/News regarding: Academics and Research

An Analysis of Agricultural Loan Repayment Performance of Regional Rural Bank: A case study of District Sirsa, India

Author Affiliations

  • 1 Economicís Department, C.M.K National P.G Girls College Sirsa, Haryana, INDIA

Int. Res. J. Social Sci., Volume 4, Issue (6), Pages 89-92, June,14 (2015)

Abstract

The establishment of Regional Rural Banks have started a new era in the countryís banking system with the objective of developing rural economy by providing credit facilities. Regional Rural Bank Ordinance as promulgated by the President of India on 26 September, 1975. The smooth function of any source of finance in general and institutional agencies in particular depends on recovery of loan and credit deposit ratio. Thus, the present study analyzes the recovery performance of agricultural loan and problem faced by the respondents in repayment. The study has been conducted in Sirsa district of Haryana and the study is based on primary data collected through well structured interview schedule. The results of the study have been complied by using average and percentage method. The present study revealed that 40 per cent of the borrowers have repaid 25 to 50 per cent of loan. Only 5 per cent, borrowers have been repaid above 70 per cent of agriculture loan. 17.5 per cent of borrowers were found to be defaulters. 60 per cent of the respondents attributed that high level of crop failure would translate to lower income to them. It was their major difficulty in meeting loan obligation and hence the higher incidence of loan defaults.

References

  1. Chughtai Muhammad WaqasUtilization of Zarai Taraqiati Bank Agricultural Credit in Rural Areas of Tehsile Rawalpindi: An Empirical Study, Journal of Arts, Science and Commerce, 3(3), 96-100 (2012)
  2. Sharma Usha, Role of Credit Disbursement Policies of Regional Rural Banks in the sustainable development of H.P. Economyan-an empirical study, International Journal of Marketing, Financial Services and Management Research, 2(4), 156-175 (2013)
  3. Anthony Enoma, Agricultural Credit, and Economic Growth in Nigeria: Empirical Analysis, Business and Economic Journal, BEJ-14, 1-7 (2010)
  4. Aher D.K.,Effective Communication modes Increases yield of Groundnut in Rural Agriculture of Kalwan Tahsil of Nashik District, Maharashtra, India, Research Journal of Recent Sciences,3 ISC-2013), 6-8 (2014)
  5. Khatkar R.K. and Nandal D.S., Impact of Rural Financing by Regional Rural Banks to the Rural Poor in Bhiwani District of Haryana, Kautilya, 3(1), 99-105 (1983)
  6. Rao B. Venkata and Rao G. Sudarsana, Performance of Regional Rural Banks in India A study on Andhra Pradesh Grameena Vikas Bank in Andhra Pradesh, International Journal of Advance Research in Computer Science and Management Studies, 2(4), 1-9 (2014)
  7. Narasimhan V.K. and Goel Mridula, Capital Adequacy and its Relevance to the Indian Banking Sector: a study of four Indian Banks, International Research Journals of Social Sciences, 2(11), 1-5 (2013)
  8. Mostafa Kazemi, Batool Rajabi, Parvaneh Pirani and Alireza Amini, Identify and Ranking Factors Affecting Bank Maskan Services Quality using Kano Model, Research Journal of Recent Sciences, 2(4), 11-19 (2013)
  9. Burark, Sharma Latika and Verma Mukesh, Recovery Performance of Agricultural Loans: A Case Study of Rural Bank in Udaipur District of Rajasthan, Journal of Agricultural Development and Policy, 19(2), 65-76 (2009)
  10. Alireza Bafandeh Zendeh, Mohammad Paseban and Roya Cheshmikhani, Surveying Effective factors for Outstanding Bank and Present Solutions for decreasing that by system dynamics (Case study: Mellat bank in west Azarbaijan), Research Journal of Recent Sciences, 2(9), 29-39 (2013)