Perils of the Cooperative Banks in India and the Relevance of Recent Policy Level Interventions
Ajai Kumar A,
Pradeep Kumar B and
Anitha M N
MPRA Paper from University Library of Munich, Germany
Abstract:
Although cooperative banks have become indispensable for the promotion of rural and farm sector, it is disheartening to note that the cooperative banks do not account for even 20 percent of the share of credit flow to the agriculture sector in India. This clearly shows that cooperative banks have not adequately met the credit requirements of the agriculture sector on the expected lines. It is obvious that at the all India level, only 46.12 percent of Primary Agriculture Credit Societies (PACSs) made profit in 2021. Cooperative bank failures have been reported from many parts of the country. Against this background, the formation of a separate Ministry of Cooperation at the Centre which works on the mantra of “Sahakar se Samriddhi can have far reaching positive effect on the cooperative sector in India.
Keywords: Cooperative Banks; Commercial Banks; Non-Performing Assets. Credit Disbursement; Policy Level Interventions; PACS (search for similar items in EconPapers)
JEL-codes: G3 G32 (search for similar items in EconPapers)
Date: 2024-05
New Economics Papers: this item is included in nep-hme
References: View complete reference list from CitEc
Citations:
Published in IOSR Journal Of Humanities And Social Science (IOSR-JHSS) 5.29(2024): pp. 13-16
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/121482/1/MPRA_paper_121482.pdf original version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:121482
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().