The current state of rural banking in the country is poor. A recent report, by the National Sample Survey Organization, revealed that 51.4 per cent of the 89.3 million total farmer households in the country had no access to credit; 27 per cent of the households were indebted to formal sources of which one-third also borrowed from informal sources.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/bank-your-doorstep-editorial
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/central-chronicle-bhopal
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rural-development
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-rural-employment-guarantee-act-nrega
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-sample-survey-organisation-nsso