Performance of haryana gramin bank in agricultural financing
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Date
2009
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Publisher
CCSHAU
Abstract
The study was conducted on Haryana Gramin Bank. With its new name from
the year 2005 while earlier, known as Haryana Kshetriya Gramin Bank, H.O. Bhiwani,
Hisar-Sirsa Kshetriya Gramin Bank, H.O. Hisar and Ambala Kurushetra Gramin Bank,
H.O. Ambala City. They were set up with the objectives to take the banking to rural
masses particularly unbanked rural areas to make available institutional credit to
weaker sections of the society, to mobilize rural saving and channelise them for
supporting productive activities in the rural areas. The study “Performance of Haryana
Gramin Bank in Agricultural Finance, Haryana” pertains to the agricultural finance in
Hisar and Ambala districts. The study was planned with the three objectives:
i) To study the performance in terms of deposit mobilization, loan
advances, recovery and overdues over the period of last 15 years.
ii) To examine the borrowing pattern and extent of loan diversion.
iii) To assess the gap between the demand and existing credit supply.
To accomplish the objectives, one branch from each district was selected. Out of 22
branches in Hisar district, Neoli Kalan branch was selected randomly. Similarly, out of
9 branches in Ambala district, Patvi branch was selected for the collection of primary
as well as secondary data. 60 farmers were selected from each branch. In all, data were
collected from 120 respondents from two branches of the bank. From Neoli Kalan
branch (Hisar), Out of total crop loan farmers were received 91.79 percent of amount
demanded and diverted 9.20 percent of amount advanced. In case of livestock loan
farmers received 83.03 percent of loan demanded and diversion of 7.78 percent. Out of
total FI and tractor loan farmers got 83.44 percent and diverted 3.36 percent of money
advanced. From Patvi branch (Ambala), out of total crop loan farmers received 89.06
percent of money demanded and diverted 8.67 percent of amount demanded. In
livestock loan, farmers got 87.50 percent and diverted 7.88 percent. In FI and tractor
loan, farmers received 84.46 percent of money demanded and diverted 3.37 percent.
So it is clear from the study that there is a need to advanced more credit to the farmers.
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Keywords
Credit, Developmental stages, Economics, Demand, Cooperation, Biological development, Land resources, Crops, Marketing margins, Agricultural credit