FARMERS' AWARENESS ABOUT AGRICULTURAL CREDIT BY CANARA BANK: A STUDY IN ERODE DISTRICT

U.Jayaprakash; Dr.R.Shunmughan

Volume : VIII, Issue : VII, July - 2019

FARMERS' AWARENESS ABOUT AGRICULTURAL CREDIT BY CANARA BANK: A STUDY IN ERODE DISTRICT

U. Jayaprakash, Dr. R. Shunmughan

Abstract :

The financial system is the lifeline of an economy. The intermediaries in a financial system facilitate the flow of funds from the areas of surplus to areas of deficit. The direct and indirect participation of the financial intermediaries play a pivotal role in the growth of various sector of the economy. It is desirable to look at the emerging contours of the financial system in the direction of growth of an economy. The changes in an economy mirror the participation of the financial system, more so of the banking industry. India being an agrarian economy, the participation of the Indian banking industry in the provision of agricultural finance reflects the significance offered to the sector and to its growth. An attempt has been made in this research to ascertain the level of awareness of the farmers about the agricultural credit provided by canara bank.