Credit is not only the critical input in agriculture but also an effective means of overall development of rural economy. The present paper explains the follow up measures related to rural credit, particular in how the banks and other financial institutions follow up on credit after its disbursement. The study mainly focuses on analyzing the type of follow-up measures initiated by banks in relation to specific types of rural credit and examine the effectiveness of follow-up measures in terms of proper utilization and repayment of credit. The present study is an empirical work carried out at the nationalized banks of India located in Tumkur. The bank branches were selected based on purposive sampling method. The study has highlighted the rural credit pattern and the rules and regulations followed by public sector banks in disbursing rural credit. It was found that, Post sanction follow -up measures strongly influences utilization pattern of rural credit. The researcher also come out with certain suggestions to help the banks for proper recovery of the loans and would put the rural credit in right track.
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Author Name: Dr. Lokesha. M. U
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Keywords: Rural Credit, Follow-up, Repayment
ISSN:
EISSN: 2321-9246
EOI/DOI: Nil
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