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Banking in India- Banks are moving its focus from cost stinger and capital management to seek opportunities to expand. The major focus is on identifying business opportunities- a.retail- loan ingathering with the booming and expanding economy oddly with salaried people. b. SMEs- focusing financing on SMEs.-40% of the value accessory is done on manufacturing sector and comprises 34% of national export. c. international banking- attracting HNIs particularly NRIs.and transferring the international money. d. Agri and bucolic Banking\. 1. RURAL BANKING IN INDIA coarse banking in India started since the establishment of banking sector in India. Primarily agrestic Banks mainly focussed upon the agro sector. In clownish banking in India, in that respect are 14,475 rural banks in the country of which 2126 (91%) are set(p) in remote rural areas. Rural banking & microfinance claim to be addressed for sustainable growth : RBI Deputy governor Microfinance Focus , Nov. 11, 2009: Reserve Bank of India s Deputy governor Ms. Shyamala Gopinath recently said the rural banking and microfinance , infrastructure finance and broader restrictive approach for financial sector are precisely the issues which need to be addressed to achieve balanced and sustainable growth over the long term for emerging market economies. 2.

mise en scene of rural banking- I) Rural population of about 780 million with expressage access to financial services. ii) A high proportion of rural lending is from informal sources. iii) About 500-600 million people in India sleek over do not have bank accounts. iv) Rural economy (Agriculture + on-agriculture) constitutes about 50% of GDP. v) Banks have woken up to the authorisation in the rural sector. vi) Current demand for credit in Rural India is around Rs.1,33,000 Crs. vii) Commercial Bank branches cover merely 7% of rural sector and large market is still untapped. 3. Rural Banking - Current Status The distribution of credit was skewed in favourof large borrowers (Sen and... If you want to get a full essay, ready it on our website: Orderessay

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