explain the sources of agricultural finance ?

Open in App

Solution

Sources of agricutural finance in India can be divided into two broad categories.

1. Non-institutional sources: Non-institutional sources of credit consists of the traders, money lenders, relatives, landlords and others.

2. Institutional sources: Institutional sources of credit comprise of co-operative banks and co-operative credit societies, Regional Rural Banks, commercial banks, land development banks.

Suggest Corrections

Similar questions

Explain trade credit and bank credit as sources of short term finance for business enterprises.

Explain trade credit and bank credit as sources of short-term finance for business enterprises.

Explain the following source of business finance :

(i) ADR

(ii) Trade Credit

Explain the merits and demerits of public deposits as a source of finance.

Join BYJU'S Learning Program