In an attempt to expand rural credit and displace the village moneylender, India created a system of rural cooperatives in the 1950s and expanded branch banking into rural areas in the 1970s. This article examines how these measures affected the rural market. It begins with the question of how large the expansion of institutional credit has been and the extent to which it has dislodged the village and nonresident moneylenders. A detailed comparison...
انظر المزيد
تفاصيل
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1990/9/30
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مقال بمجلة علمية
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14256
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1
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1
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2010/7/01
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Interactions between institutional and informal credit agencies in rural India
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institution need