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The nationalization of banks was major step for canalizing credit to various sectors of economy for which agriculture is a major sector. In spite of significant achievements by the banking industry, there is still scope to extend credit facilities to agriculture sector in a much greater measure. After the introduction of financial sector reforms in the nineties, the Reserve Bank of India (RBI) directed these banks to lend 30 per cent of net bank credit to agriculture.

Produktbeschreibung
The nationalization of banks was major step for canalizing credit to various sectors of economy for which agriculture is a major sector. In spite of significant achievements by the banking industry, there is still scope to extend credit facilities to agriculture sector in a much greater measure. After the introduction of financial sector reforms in the nineties, the Reserve Bank of India (RBI) directed these banks to lend 30 per cent of net bank credit to agriculture.
Autorenporträt
Dr. C.Vasudevulu Naidu has obtained M.A. (Econ) degree with 4th rank of Uni. in 1999 and Ph.D. from S.V.U. India and also qualified SLET in Economics. At present, he is teaching economics at SVJC, TTD, Tirupati. He has 8 years of teaching and research experience. He has presented 23 papers in national Conferences and published 13 papers in journals