A STUDY ON THE FUNCTIONING OF KUTCH GRAMIN BANK-GUJARAT STATE
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Date
1997
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AAU, Anand
Abstract
A study was made to review the progress, functioning and assess the problems of. Kutch Gramin Bank (KGB). Three talukas, nine branches and 108 beneficiaries were randomly selected. Dena Bank is the lead bank for the district . Within eight years of establishment of the bank it had 41 branches (highest among other regional rural banks) and surpassed other banks in growth rate , deposits and advances. Financing under agriculture and allied schemes was studied. Out of 103 beneficiaries selected, 35 were marginal farmers, 37 were small farmers and 36 were "others" Borrowings for bullock-carts/bullocks were 18, for crops 17, for digging/ repairing wells 14, for buffaloes 11, for electric motors 9, for water tanks/pipelines 8, for cows, sheep and goats 6, for fishing 5 and one was for gobar gas plant . Time required for sanctioning loans was also studied. Beneficiaries gave different seasons for prefering KBB. Most branch managers contracted opined to have 3 to 8 villages , 3 opined to have 1000 accounts, and 6 opined to have 6,000 to 10,000 population per branch. Timely disbursement, supervision, lending in instalment and letiding in kind were the suggestions for improvement in working. Linking of credit v/ith marketing, timely approach for recovery and support of other government agencies were main suggestions for recovery of loans. Lack of roads/transportation, illiteracy and lack of knowledge were main constrains of the GMstomers. Agricultural graduates/ any graduate for branch managers and any graduate as field supervisifor were the suggestions for appointment. Salaries offered were opined as low, should be at par with nationalised banks were opinion of the branch managers. It was opined to have only one conttolling authority,staff should stay at the places of service and security in branch for vehicles and for cash Branch, managers suggested to provide lending to nontarget group at higher interest rates and banks to take up other banking functions.
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AGRICULTURAL ECONOMICS, A STUDY