Problems Faced By Financial Institutions While Sanctioning Agriculture Credit to the Farmers in Taminadu
M. Soundarya1, G. Jayabal2
1Mrs.M.Soundarya, Ph.d Full time scholar, Department of Banking Management, Alagappa University, Karaikudi.
2Dr.G.Jayabal, Professor & Head, Department of Banking Management, Alagappa University, Karaikudi.
Manuscript received on 13 August 2019. | Revised Manuscript received on 17 August 2019. | Manuscript published on 30 September 2019. | PP: 8694-8699 | Volume-8 Issue-3 September 2019 | Retrieval Number: C5043098319/2019©BEIESP | DOI: 10.35940/ijrte.C5043.098319
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Abstract: Bank plays a major role in providing agriculture credit. Finance in agriculture is as important as other inputs being used in agricultural production. The prosperity of the country depends up on the agriculture sector. Bankers play a major role in providing agricultural credit to the farmers. Lack of finance is one of the fundamental problems in agricultural productivity and income of rural farmers. Therefore, banks provide agriculture credit to the farmers. Even though bank provides agriculture credit, the bankers faced many problems. This paper mainly focuses on problems faced by bankers while providing agriculture credit. A Multi stage sampling method was used to select the banks. The five districts were taken for sample in Tamil Nadu because those five districts were provide highest number of agriculture credit. The sample bank branches has taken 230. The result of the study showed that, Identification of real cultivator, fixing prudential norms, Identification of real cultivator, increasing demand for agriculture credit the above are the main problems faced by bankers while providing agriculture credit
Keywords: Agriculture Credit, Bankers, Problems, Financial Institutions
Scope of the Article: Industrial, Financial and Scientific Applications of All Kind