Agriculture Finance By Commercial Banks

The agriculture plays an important role in the economic development of a country and India has been an agricultural country. In India the agriculture sector including allied activities accounted for 13.7 per cent of the GDP in the year 2012-13. Thus the agriculture Finance has become very important for the consistent growth of the sector. The agriculture Finance is required for various purposes. The main sour es of agricultural credit are grouped into two categories: institutional and non institutional sources.. The institutional sources of credit include mainly commercial Banks cooperative Banks and RRBs.