Education and Career Forum

what is the link between banking and rural development in india ,its past and present status?

Banking Sector plays an important role in rural areas, there is no doubt in it, indeed anywhere banking sector leads its own role.
that is the basic need of any human being for any kind of financial transaction, in current generation, it is mandatory...starts from farmer for his cultivation, seeking loans and repaying them, an employee to withdraw his salary, for students for their scholarships......etc.,

when it comes to comparison between past and present, can differentiate in terms of its usage such as no. of users, frequency, kind of operations and services it renders to its customers.....

Ya they are very much help ful in rural area for giving the loan to the peoples, to there hard work, but they are not doing 100% that is the main problem, all the best

Dear Digvijay kumar,

Banking Sector no doubt plays an important role in not just the rural areas but every field that you look to. Today's economy is a capitalist one, where commodities and services are exchanged based on monetary profits. Money drives our whole economy, and since banks provide people with that money or capital, they are essential everywhere.

Specifically in rural areas, the setting up of Grameen banks, cooperative societies , farm loans and rural branches of important central and private banks has helped farmers to increase their productivity and profits with greater investments in their fields. Since rural development is mostly dependent on farming, it has gained sufficiently from this practice. Also, banks help in generating employment in rural areas.

I hope this helped,
sincerely,
mettalrose

yes ofcourse banking sector will surely plays an imprtant role in d development of rural areas.why because most of our country consists of rural areas,if banking sector provides an efficient banking in rural areas will automatically lead to development of country

its rural sector....which are the mass market of india...the development of india is in the development of rural market of the country..

why banking sector is best as a carrier

yes banking sector plays an important role in RUral development .
banks provide the much needed loans to farmers at a less interest rate and help them in developing.

USE OF BANK SECTOR IN RURAL AREA

why to choose banking as carrier

yes...banking sector plays vital role for economic development of a country. they provide different types of micro credit to farmer also provide training that how to use this credit properly. Besides bank invest money different sector of a country so economic situation a country can be changed through Bank....

how bank help people in rural areas?

The role science play in bankin system

At present in india,whether the banking sector helps to improve the rural areas?in what way?

how any subject relates with bank?

rural devlopment coures is helpful for bank

Yes, banking plays prominent role for rural development because we see agriculture is the part of rural areas so bank can help the farmers by giving the loan and then farmers can get profit and country's economy wil grow definitely.....

present situation of economic growth of banking sector in india

should fdi be inroduced in india or not if yes then when and if not then why?

does banking sector plays a vital role in socio-economic development of rural people of india

how a science student benefits banking

what is the role of rural mgt in gov sec

hello dear,
Banking Sector plays an important role in rural areas.
they provide different types of micro credit to farmer also provide training that how to use this credit properly.
in the rural areas, the setting up of Grameen banks, cooperative societies , farm loans and rural branches of important central
the private banks has helped farmers to increase their productivity and profits with greater investments in their field

why are you interested in banking sector in contest of your ecademic background and work experience?

Banking sector is very important for the Rural development as Villages are dependable on agriculture .Agriculture need good fertilizers and machinery for better results.Indian government has direct banks to provide 18 % lending in agriculture sector so that rural areas can be developed.Government has direct banks to do 40% lending of its total Capital.
out of 40%,18% is in Agriculture sector which very important to develop rural india.