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AN ANALYTICAL STUDY OF THE EMERGING TRENDS IN BEHAVIOURAL FINANCE OF CREDIT CO- OPERATIVE BANKS IN INDIA


Dr. Harshali Gomase
Post graduation , University of Rajasthan
Abstract
Agriculture forms the determination of the Indian economy. The Government of India identified the importance of free flow of credit to agriculture and joined sectors. The leading technological changes in the agricultural sector constrained due to the obligations of more working capital. Hence, the poor labourer in India was in search of timely credit. Credit Co-operative central banks were established on the principle of co-operation and to serve the poor peasants. The main function of these banks is to alleviate the poor farmers from the Control of the money lenders. Credit is asignificant input which ensures efficient working capital as well as infrastructural development. Efficient and appropriate credit provision largely boosts agricultural output which further helps in the economic improvement of the cultivators and people adhere to cultivation. Moreover, agricultural credit delivers as an instrument for the significant increase in output, income and employment. The present paper focuses on financial performance of Credit co –operative central banks in India with respect to emerging trends and dimensions of both behavioural finance and operating aspects.
Keywords: Finance, Credit Co-operative Bank, agriculture, infrastructure
Journal Name :
International Journal of Indian Economic Light(JIEL)

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Published on : 2021-06-01

Vol : 9
Issue : 1
Month : May
Year : 2021
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