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Question

What are the advantages of rural banking?


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Solution

Positives in rural banking are:

It has helped in raising farm and non-farm yield by offering various types of assistance and credit offers to farmers.

It has helped in accomplishing food security which is reflected in the plentiful loads of grains.

It gives long-term credits better reimbursement choices. It consequently helps in disposing of moneylenders from the scene.

It positively affects pay and business, particularly after green development.

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