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ISSN 2063-5346
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A study on the performance of various categories of banks in providing refinance to the agriculture sector in India

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Shravan Boini 1 , Dr.Rajkumar Guntuku 2 ,Dr.Ravi Sankar Kummeta3
» doi: 10.48047/ecb/2022.12.10.649

Abstract

Banks and financial institutions provide refinancing facilities by disbursing loans to various sectors. This study mainly focuses on the performance of various categories of banks in providing refinance the agricultural sector. Since this primary sector has a high potential to contribute to the GDP of the nation, it has become a significant light on the disbursement of loans to farmers. The apex body NABARD will disburse funds routed through various categories of banks like SCARDBs, SCBs, CBs, RRBs and PUCBs were taken for this study. Friedman’s test is used as a statistical tool to check the hypotheses framed. The goal of the study is to determine whether or not all bank types perform similarly when refinancing loans or if there are any performance differences. In order to boost the Indian economy, it is also important to know which types of banks are performing better and worse at disbursing loans to the agricultural sector.During the period of the study, the results show that SCBs are performing very well compared with other selected categories of banks in providing refinance to the agriculture sector.

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