Role of Regional Rural Banks in IndiaJournal: International Journal of Mechanical and Production Engineering Research and Development (IJMPERD ) (Vol.10, No. 3)
Publication Date: 2020-06-30
Authors : P. Venkateswara Rao; T. Umamaheswara Rao;
Page : 10949-10956
Keywords : RRBs: Regional Rural Banks Entrepreneurs;
India is a country where much revenue generated from rural background since independence, due to more population at rural area. But from industrial developments in India and in view of infrastructure support for industrialisation, urban areas are more focused. So People start migration to urban areas for employment opportunities. Then slowly urban contribution increased and rural economy has disturbed. In this scenario many semi urban and rural area people shifted from their professions and start working in industries. But even from independence till now it is the rural economy contribution to Indian economy is more than urban economy because there is an extended support from different schemes of Govt of India and Banking sector. In particular majority of rural people depended on Rural Banks for their needs in all means. In this regard the researcher has conducted an empirical survey based on secondary sources how rural people supported from Regional rural banks, how bankers are attracted from these people. A detailed study has been done from different sources. Finally concluded the growth of RRBs and their impact on people, and their much attention on technological improvements, and how RRBs prepare their products and install technology with respect of rural entrepreneurs.
Other Latest Articles
Last modified: 2020-10-06 17:43:32