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Volume : I, Issue : VIII, September - 2011

A STUDY ON CO-OPERATIVE BANKING IN INDIA

Dr.A.P.Hosmani and Sharanabasappa.L.

Published By : Laxmi Book Publication

Abstract :

In rural areas, the indigenous money lender continued to be the banker in need. /ince these moneylenders had virtual monopoly in supplying the credit in rural areas, the poor were o/ten subjected to exploitation with the overriding monopoly. The money lenders o/ten resorted to usurious practices like levying exorbitant rates o/ interest, demanding advance interests.

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Cite This Article :

Dr.A.P.Hosmani and Sharanabasappa.L., (2011). A STUDY ON CO-OPERATIVE BANKING IN INDIA. Indian Streams Research Journal, Vol. I, Issue. VIII, http://oldisrj.lbp.world/UploadedData/6697.pdf

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