Managing Rural Finances in India

This book, containing fifteen well-researched papers, attempts to analyze the various aspects of rural financial market in India, which has undergone a sea change after liberalization. Improving access to finance in rural areas is one of the biggest development challenges facing shining India. Due importance has been focus on marketing aspects of rural finance. Credit alone cannot bring in development unless accompanied by the provision of forward and backward linkages relating to the remunerative disposal of final products in the global market. Examining the reasons and factors affecting both banks and their clients, the contributors deliberate on poor repayment capacity of rural borrowers, high transaction costs of rural lending, status of rural institutional credit, problems and prospects of agricultural credit, credit planning, and growth and future agenda of micro-finance. They also deal with SHG-DCCB linkage, innovation in rural finances, role of rural banks in economic development and recent developments in the farmer s market.