Executive Summery SONALI

Executive summery
The Reserve Bank of India (RBI), as the central bank of the country, closely monitors
developments in the whole financial sector.
The banking sector is dominated by Scheduled Commercial Banks (SBCs). As at end DECEMBER
2022, there were 137 Commercial banks operating in India. This included 12 Public Sector Banks
(PSBs), 21 Private, 45 Foreign and 43 Regional Rural Banks, Payment Banks 4, Small Finance
Bank 12. Also, there were 85 scheduled co-operative banks consisting of 54 scheduled urban
cooperative banks and 31 scheduled state co-operative banks.
Scheduled commercial banks touched, on the deposit front, a growth of 9.8% as against 9.9 %
registered in the previous year.
State Bank of India is still the largest bank in India with the market share of 20% ICICI and its two
subsidiaries merged with ICICI Bank, leading creating the second largest bank in India with a
balance sheet size of Rs. 1040bn.
Higher provisioning norms, tighter asset classification norms, dispensing with the concept of ‘past
due’ for recognition of NPAs, lowering of ceiling on exposure to a single borrower and group
exposure etc., are among the measures in order to improve the banking sector.
A minimum stipulated Capital Adequacy Ratio (CAR) was introduced to strengthen the ability of
banks to absorb losses and the ratio has subsequently been raised from 8% to 9%. It is proposed to
hike the CAR to 18.9% by 31 MARCH 2022 based on the Basle III guidelines.
Retail Banking is the new mantra in the banking sector. The home Loans alone account for nearly
two- third of the total retail portfolio of the bank. According to one estimate, the retail segment is
expected to grow at 20-30% in the coming years.
Net banking, phone banking, mobile banking, ATMs and bill payments are the new buzz words
that banks are using to lure customers.
With a view to provide an institutional mechanism for sharing of information on borrowers /

potential borrowers by banks and Financial Institutions, the Credit Information Bureau (India) Ltd.
(CIBIL) was set up in August 2000. The Bureau provides a framework for collecting, processing
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and sharing credit information on borrowers of credit institutions. SBI and STATE BANK OF
INDIA & BANK OF BARODRA are the promoters of the CIBIL.
The RBI is now planning to transfer of its stakes in the SBI, NHB and National bank for
Agricultural and Rural Development to the private players. Also, the Government has sought to
lower its holding in PSBs to a minimum of 33% of total capital by allowing them to raise capital
from the market. Banks are free to acquire shares, convertible debentures of corporate and units of
equity oriented mutual funds, subject to a ceiling of 5% of the total outstanding advances (including
commercial paper) as on March 31 of the previous year.
The finance ministry spelt out structure of the government-sponsored ARC called the Asset
Reconstruction Company (India) Limited (ARCIL), this pilot project of the ministry would pave way for
smoother functioning of the credit market in the country. The government will hold 49% stake and private
players will hold the rest 51%- the majority being held by ICICI Bank (24.5%).
Reforms in the Banking sector
The first phase of financial reforms resulted in the nationalization of 14 major banks in 1969 and
resulted in a shift from Class banking to Mass banking. This in turn resulted in a significant growth
in the geographical coverage of banks. Every bank has to earmark a minimum percentage of their
Loan portfolio to sectors identified as “priority sectors”. The manufacturing sector also grew during
the 1970s in protected environs and the banking sector was a critical source. The next wave of
reforms saw the nationalization of 6 more commercial banks in 1980. Since then the number
scheduled commercial banks increased four-fold and the number of banks branches increased
eight-fold.
After the second phase of financial sector reforms and liberalization of the sector in the early
nineties, the Public Sector Banks (PSB) s found it extremely difficult to complete with the new
private sector banks and the foreign banks. The new private sector banks first made their
appearance after the guidelines permitting them were issued in January 1993. Eight new private
sector banks are presently in operation. This banks due to their late start have access to state-of-the-
art technology, which in turn helps them to save on manpower costs and provide better services.
During the year 2000, the State Bank of India (SBI) and its 7 associates accounted for a 25% share in
deposits and 28.1% share in credit. The 20 nationalized banks accounted for 53.5% of the deposits and
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47.5% of credit during the same period. The share of foreign banks ( numbering 42 ), regional rural banks
and other scheduled commercial banks accounted for 5.7%, 3.9% and 12.2% respectively in deposits and
8.41%, 3.14% and 12.85% respectively in credit during the year 2000.
Classification of Banks:
The Indian banking industry, which is governed by the Banking Regulation Act of India
1949 can be broadly classified into two major categories, non-scheduled banks and scheduled
banks. Scheduled banks comprise commercial banks and the co-operative banks. In Terms of
ownership, commercial banks can be further grouped into nationalized banks, the State Bank of
India and its group banks, regional rural banks and private sector banks (the old / new domestic
and foreign). These banks have over 67,000 branches spread across the country. The Indian
banking industry is a mix of the public sector, private sector and foreign banks. The private sector
banks are again spilt into old banks and new banks.
Banking System in India
Reserve bank of India (Controlling Authority)
Development Financial institutions Banks
IFCI IDBI ICICI NABARD NHB IRBI EXIM Bank SIDBI
Commercial Regional Rural Land Development Cooperative
Banks Banks Banks Banks
Public Sector Banks Private Sector Banks
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Introduction
Indian economy is basically agrarian. Nearly 70% of the Indian population depends upon
agriculture for its livelihood.
AGRICULTURE plays a crucial role in the Indian economy and is pivotal for ensuring food
security, employment generation and social transformation of the nation. With 67 per cent of our
population and 54 per cent of the total workforce depending on agriculture and other allied
activities, agriculture not only meets the basic needs of India’s growing population, but its direct
linkages with the industry is on the increase owing to the increased demand for processed
agricultural commodities and goods by consumers.
Agriculture in India is the means of livelihood of almost two thirds of the work force in the
country. It has always been INDIA'S most important economic sector. The 1970s saw a huge
increase in India's wheat production that heralded the Green Revolution in the country. The
increase in post -independence agricultural production has been brought about by bringing
additional area under cultivation, extension of irrigation facilities, use of better seeds, better
techniques, water management, and plant protection. Dependence on India agricultural imports
in the early 1960s convinced planners that India's growing population, as well as concerns about
national independence, security, and political stability, required self-sufficiency in food
production. This perception led to a program of agricultural improvement called the Green
Revolution, to a public distribution system, and to price supports for farmers. The growth in
food-grain production is a result of concentrated efforts to increase all the Green Revolution
inputs needed for higher yields: better seed, more fertilizer, improved irrigation, and education of
farmers. Although increased irrigation has helped to lessen year-to-year fluctuations in farm
production resulting from the vagaries of the monsoons, it has not eliminated those
fluctuations. Non-traditional crops of India, such as summer mung (a variety of
lentil, part of the pulse family), soyabeans, peanuts, and sunflowers, were
gradually gaining importance. Steps have been taken to ensure an increase in the supply of
non- chemical fertilizers at reasonable prices. There are 53 fertilizer quality control laboratories
in the country. Realizing the importance of Indian agricultural production for economic
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development, the central Government of India has played an active role in all aspects of
agricultural development. Planning is centralized, and plan priorities, policies, and resource
allocations are decided at the central level. Food and price policy also are decided by the central
government. Thus, although agriculture in India is constitutionally the responsibility of the states
rather than the central government, the latter plays a key role in formulating policy and providing
financial resources for agriculture. Expansion in crop production, therefore, has to come almost
entirely from increasing yields on lands already in some kind of agricultural use.
The monsoons, however, play a critical role in Indian agriculture in determining whether the
harvest will be bountiful, average, or poor in any given year. One of the objectives of
government policy in the early 1990s was to find methods of reducing this dependence on the
monsoons
In India, the Reserve Bank contributes to a great extent in the economic development in various
ways. It assumes special responsibility in the development of agriculture & industry. The RBI
concentrates more on these two vital sectors of the economy. RBI does not presently provide
these finances directly.
RESERVE BANK OF INDIA & AGRICULTURE FINANCE
Agriculture development is regarded as a prerequisite of economic development of the country.

The Reserve Bank of India realizes the following basic contributions of the Agricultural sector in
the overall economic development.
 Product contribution – making available food & raw materials.

 Market contribution – providing the market for producer goods and consumers goods produced
in the non-agricultural sector.
 Factor contribution – making available labor & capital to non-agricultural sector, and
 Foreign exchange contribution.
Being the largest industry in the country agriculture is the source of livelihood for over
70% of population in the country. On recognizing the fact that Agriculture is the foundation on
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which the entire super structure of the growth of industrial and other sectors of the economy has
to stand, the RBI develops the Agricultural sector in the following ways:
Agriculture Credit Department

According to section 54 of the RBI Act, it is required to set up a separate Agricultural Credit
Department. With the formation of NABARD in 1982, all the activities of this Department have
been transferred to NABARD. However, the Rural Planning and Credit Department in the
Reserve Bank deals with the following agriculture related matters.
Funds for Agricultural Development
 Financial Assistance to Co-operative Sector

 Establishment of agricultural Credit Board
 Establishment of NABARD
Credit Functions
A. Short-term Credit
B. Medium-term Credit
C. Long-term Credit
D. Conversion & Rescheduling Facilities
E. Financing Cottage/Village/Small Scale Industries, etc.
 Assistance to Co-operative Banks in SFDA and MFAL

 Reform Measures for RRBs
 Promotion of Warehouse Facilities
 Other Facilities to Agriculture
 National Agricultural Insurance Scheme
 Rural Credit
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The successive five year plans embarked upon the green revolution and white revolution for
which modernization and mechanization of agriculture and allied activities was a must and that
needed financial support. As one of the measures to develop the economy and to provide support
for nation building, Bank of India commenced rural lending way back in 1968 even before the
nationalization of banks.
During the post nationalization period, spanning more than 3 decades, the Bank has grown in
size and stature with more than 2592 branches (1723 rural and semi-urban branches) spread
across the length and breadth of the country. The Bank has been supporting the task of nation
building by implementing varied polices/guidelines of the Government with clear objectives. As
against the benchmark of 40% prescribed by Reserve Bank of India under Priority Sector to Net
Adjusted Credit, the Bank’s achievement is consistently over 45% for the last 5 years.
The Bank has achieved business level of Rs. 16,800 crores as on February 2005, under
priority sector. Presently, the Bank has more than 13.80 lakh borrowal accounts under Priority
Sector credit fold and there are innumerable satisfied borrowers who have come up in life with
our timely financial assistance.
Keeping in view the rich past experience and in tune with the Government of
India/Reserve Bank of India guidelines, the Bank is adopting innovative and growth oriented
administrative policy measures.
Focused attention is given to build a loyal band of customers in Rural & Semi- urban areas
where the Bank has more than 67% of its Branch Network. This has enabled development of
individuals, a village or even the given area by increased production and productivity, through
smooth flow of credit.
The Bank has, of late, launched innovative schemes/card products with defined objectives and
refined methodology. The Philosophy, concepts and various issues behind launch of our various
new card products/schemes are as under :-
i) Intensive financing in service area with package of services to optimally
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utilize the resources at the command of the borrowers, particularly farmers and rural
entrepreneurs;
ii) To maintain continued relationship with our existing borrowers by

providing credit packages which take care of both the present as well as future aspirations of the
borrowers in pursuing their various productive ventures;
iii) Providing credit for the diversified needs of the borrower’s family for
farm, off-farm as well as consumption needs like housing, education, conveyance, marriages,
health etc;
iv) Recognizing our good borrowers and rewarding their loyalty by offering
concessional rates of interest, better operational flexibility in the operation of their accounts,
v) Focused attention for development of crops being grown in the given area
like Cotton, Sugarcane, Potato, Chillies, Mangoes, Grapes, Oranges etc. Building up
infrastructure for preservation and processing these crops. Offering credit against stored farm
produce so that farmers are not forced to sell in a buyers’ market.
vi) Building up infrastructures at farm level through irrigation, farm

mechanization and supportive allied activities like Dairy etc.
vii) To promote growth of industries including small artisans, services and

business sectors. For borrowers with established credentials, the package of assistance is
redefined to take care of growth as well as seasonal credit needs without any hassles.
viii) In pursuit of achieving national objectives like better education and

housing to all, the products are re-modeled to make them attractive with longer gestation period
and lowered EMI at affordable interest cost.
ix) The process of submission of applications for loans, sanction,

documentation and disbursements have been further simplified.
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x) Rehabilitation package for Tsunami victims.
The various innovative schemes/card products are:
 Star Composite Cash Credit (CCC):
 Kinas Credit Card (KCC)
 Kisan Gold Card (KGC)
 Star Kisan Samadhan Card (KSC)

(CCC, KCC & KGC are now subsumed into KSC)
 Star Bhoomiheen Kisan Card (BKC);

Star Artisan Credit Card (ACC);
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COMPANY PROFILE
State Bank of India
State Bank Bhavan, Nariman Point, Mumbai

Formerly Imperial Bank of India
Type CPSU
 NSE: SBIN
 BSE: 500112
 LSE: SBID
Traded as
 BSE SENSEX Constituent
 NSE NIFTY 50 Constituent
ISIN INE062A01020
Industry Banking, financial services
Predecessor Imperial Bank of India
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(1921 – 1955)
Bank of Calcutta(1806 – 1921) Bank of Bombay(1840 – 1921)
Bank of Madras(1843 – 1921)
1 July 1955; 67 years ago
State Bank of India
 27 January 1921
Imperial Bank of India
Founded
2 June 1806
Bank of Calcutta
15 April 1840
Bank of Bombay
1 July 1843
Bank of Madras
Headquarters State Bank Bhawan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India
22,219 Branches, 62,617 ATMs in India, International: 229 Branches in 31
Number of locations
countries
Area served Worldwide
Key people Dinesh Kumar Khara (Chairman)
 Retail banking
 Corporate banking
 Investment banking
 Mortgage loans
Products  Private banking
 Wealth management
 Credit cards
 Finance and Insurance
Revenue ₹406,973 crore (US$51 billion) (2022)

Operating income ₹78,898 crore (US$9.9 billion) (2022)
Net income ₹43,774 crore (US$5.5 billion) (2022)
Total assets ₹5,177,545 crore (US$650 billion) (2022)
Total equity ₹300,972 crore (US$38 billion) (2022)
Number of employees 2,44,250 (March 2022)
Ministry of Finance
Parent
(Government of India)
 SBI Life Insurance Ltd
 SBI Cards and Payment Services Ltd
 SBI General Insurance (70%)
 Jio Payments Bank (30%)
Subsidiaries
 Yes Bank (30%)
 Andhra Pradesh Grameena Vikas Bank (35%)
 Kaveri Grameena Bank (35%)
Capital ratio Tier 1 11.03% (2022)
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Website bank.sbi
State Bank of India (SBI) is an Indian multinational public sector bank and financial services
statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world
by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest
corporations of 2020, being the only Indian bank on the list.[8] It is a public sector bank and the
largest bank in India with a 23% market share by assets and a 25% share of the total loan and
deposits market. It is also the fifth largest employer in India with nearly 250,000 employees. On
14 September 2022, State Bank of India became the third lender (after STATE BANK OF
INDIA & BANK OF BARODRA Bank and ICICI Bank) and seventh Indian company to cross
the ₹ 5-trillion market capitalisation on the Indian stock exchanges for the first time.
The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India,
making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged
into the other two presidency banks in British India, the Bank of Calcutta and the Bank of
Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in
1955. Overall the bank has been formed from the merger and acquisition of more than twenty
banks over the course of its 200 year history. The Government of India took control of the
Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60%
stake, renaming it State Bank of India.
On 16th Aug 2022 an attempt to facilitate and support start-ups in the country, the State Bank of
India (SBI) announced the launch of its first "state-of-the-art" dedicated branch for start-ups in
the country in Bengaluru.
History
Stamp dedicated to the State Bank of India in 2005
Share of the Bank of Bengal, issued 13 May 1876
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Seal of Imperial Bank of India
The roots of State Bank of India lie in the first decade of the 19th century when the Bank of
Calcutta later renamed the Bank of Bengal, was established on 2 June 1806. The Bank of Bengal
was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15
April 1840) and the Bank of Madras (incorporated on 1 July 1843). All three Presidency banks
were incorporated as joint stock companies and were the result of royal charters. These three
banks received the exclusive right to issue paper currency till 1861 when, with the Paper
Currency Act, the right was taken over by the Government of India. The Presidency banks
amalgamated on 27 January 1921, and the re-organised banking entity took as its name Imperial
Bank of India. The Imperial Bank of India remained a joint-stock company but without
Government participation.
Pursuant to the provisions of the State Bank of India Act of 1955, the Reserve Bank of India,
which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1
July 1955, the Imperial Bank of India became the State Bank of India. In 2008, the Government
of India acquired the Reserve Bank of India's stake in SBI so as to remove any conflict of
interest because the RBI is the country's banking regulatory authority.
In 1959, the government passed the State Bank of India (Subsidiary Banks) Act. This made eight
banks that had belonged to princely states into subsidiaries of SBI. This was at the time of the
First Five Year Plan, which prioritised the development of rural India. The government
integrated these banks into the State Bank of India system to expand its rural outreach. In 1963
SBI merged State Bank of Jaipur (est. 1943) and State Bank of Bikaner (est.1944).
SBI has acquired local banks in rescues. The first was the Bank of Bihar (est. 1911), which SBI
acquired in 1969, together with its 28 branches. The next year SBI acquired National Bank of
Lahore (est. 1942), which had 24 branches. Five years later, in 1975, SBI acquired Krishnaram
Baldeo Bank, which had been established in 1916 in Gwalior State, under the patronage of
Maharaja Madho Rao Scindia. The bank had been the Dukan Pichadi, a small moneylender,
owned by the Maharaja. The new bank's first manager was Jall N. Broacha. In 1985, SBI
acquired the Bank of Cochin in Kerala, which had 120 branches. SBI was the acquirer as its
affiliate, the State Bank of Travancore, already had an extensive network in Kerala.
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State Bank of India logo was designed by NID in 1971
National Institute of Design, Ahmedabad designed the SBI logo in 1971.
There was, even before it actually happened, a proposal to merge all the associate banks into SBI
to create a single very large bank and streamline operations.
The first step towards unification occurred on 13 August 2008 when State Bank of Saurashtra
merged with SBI, reducing the number of associate state banks from seven to six. On 19 June
2009, the SBI board approved the absorption of State Bank of Indore, in which SBI held 98.3%.
(Individuals who held the shares prior to its takeover by the government held the balance of
1.7%.)
The acquisition of State Bank of Indore added 470 branches to SBI's existing network of
branches. Also, following the acquisition, SBI's total assets approached ₹10 trillion. The total
assets of SBI and the State Bank of Indore were ₹9,981,190 million as of March 2009. The
process of merging of State Bank of Indore was completed by April 2010, and the SBIndore
branches started functioning as SBI branches on 26 August 2010.
On 7 October 2013, Arundhati Bhattacharya became the first woman to be appointed

Chairperson of the bank. Mrs. Bhattacharya received an extension of two years of service to
merge into SBI the five remaining associate banks.
Administrative Offices and Branches
SBI provides a range of banking products through its network of branches in India and overseas,
including products aimed at non-resident Indians (NRIs). With respect to domestic banking
business, SBI has 17 regional hubs known as local head offices (LHOs), under whom are 57
administrative offices (AOs), that are located at important cities throughout India, under whom
are further more administrative sub-offices known as regional business offices (RBOs), with
each RBO having, under its direct administrative control, some 40 - 50 branches.
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Domestic
Samriddhi Bhavan, Kolkata
SBI has over 24,000 branches in India.[24] In the financial year 2012–13, its revenue was ₹2.005
trillion (US$25 billion), out of which domestic operations contributed to 95.35% of revenue.
Similarly, domestic operations contributed to 88.37% of total profits for the same financial year.
Under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by Government in
August 2014, SBI held 11,300 camps and opened over 3 million accounts by September, which
included 2.1 million accounts in rural areas and 1.57 million accounts in urban areas.
International
As of 2014–15, the bank had 191 overseas offices spread over 36 countries having the largest
presence in foreign markets among Indian banks.
 SBI Australia
 SBI Bangladesh
 SBI Bahrain
 SBI Botswana The SBI Botswana subsidiary was registered on the 27th January 2006
and was issued a banking licence by the Bank of Botswana on the 29th July 2013. The
subsidiary handed over its banking licence and closed its operations in the country.
 SBI Canada Bank was incorporated in 1982 as a subsidiary of the State Bank of India.
SBI Canada Bank is a Schedule II Canadian Bank listed under the Bank Act and is a
member of Canada Deposit Insurance Corporation.
 SBI China
 SBI (Mauritius) Ltd SBI established an offshore bank in 1989, State Bank of India
International (Mauritius) Ltd. This then amalgamated with The Indian Ocean
International Bank (which had been doing retail banking in Mauritius since 1979) to form
SBI (Mauritius) Ltd. Today, SBI (Mauritius) Ltd has 14 branches – 13 retail branches and
1 global business branch at Ebene in Mauritius.
 Nepal SBI Bank Limited
Main article: Nepal SBI Bank Limited
In Nepal, SBI owns 55% of share. (The state-owned Employees Provident Fund of Nepal owns
15% and the general public owns the remaining 30%.) Nepal SBI Bank Limited has branches
throughout the country.
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 SBI Sri Lanka now has three branches located in Colombo, Kandy and Jaffna. The
Jaffna branch was opened on 9 September 2013. SBI Sri Lanka is the oldest bank in Sri
Lanka; it was founded in 1864.
In Nigeria, SBI operates as INMB Bank. This bank began in 1981 as the Indo–Nigerian
Merchant Bank and received permission in 2002 to commence retail banking. It now has five
branches in Nigeria.
In Moscow, SBI owns 60% of Commercial Bank of India, with Canara Bank owning the rest. In
Indonesia, it owns 76% of PT Bank Indo Monex. State Bank of India already has a branch in
Shanghai and plans to open one in Tianjin.
In Kenya, State Bank of India owns 76% of Giro Commercial Bank, which it acquired for US$8
million in October 2005.
SBI South Korea In January 2016, SBI opened its first branch in Seoul, South Korea.
SBI South Africa
SBI UK Ltd
State Bank of India branch at Southall, United Kingdom
SBI USA In 1982, the bank established a subsidiary, State Bank of India, which now has ten
branches—nine branches in the state of California and one in Washington, D.C. The 10th branch
was opened in Fremont, California on 28 March 2011. The other eight branches in California are
located in Los Angeles, Artesia, San Jose, Canoga Park, Fresno, San Diego, Tustin and
Bakersfield.
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Former Associate Banks
Main Branch of SBI in Mumbai
SBI acquired the control of seven banks in 1960. They were the seven regional banks of former
Indian princely states. They were renamed, prefixing them with 'State Bank of'. These seven
banks were State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State
Bank of Indore (SBN), State Bank of Mysore (SBM), State Bank of Patiala (SBP), State Bank of
Saurashtra (SBS) and State Bank of Travancore (SBT). All these banks were given the same logo
as the parent bank, SBI. State Bank of India and all its associate banks used the same blue
Keyhole logo said to have been inspired by Ahmedabad's Kankaria Lake. The State Bank of
India wordmark usually had one standard typeface, but also utilised other typefaces. The
wordmark now has the keyhole logo followed by "SBI".
The plans for making SBI a single very large bank by merging the associate banks started in
2008, and in September the same year, SBS merged with SBI. The very next year, State Bank of
Indore (SBN) also merged.
Following a merger process, the merger of the 5 remaining associate banks, (viz. State Bank of
Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State
Bank of Travancore); and the Bharatiya Mahila Bank) with the SBI was given an in-principle
approval by the Union Cabinet on 15 June 2016. This came a month after the SBI board had, on
17 May 2016, cleared a proposal to merge its five associate banks and Bharatiya Mahila Bank
with itself.
On 15 February 2017, the Union Cabinet approved the merger of five associate banks with SBI.
An analyst foresaw an initial negative impact as a result of different pension liability provisions
and accounting policies for bad loans. The merger went into effect from 1 April 2017.
State Bank of India Mumbai LHO
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Non-banking subsidiaries
Apart from five of its associate banks (merged with SBI since 1 April 2017), SBI's non-banking
subsidiaries include:
 SBI Capital Markets Ltd

 SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
 SBI Life Insurance Company Limited
 SBI Mutual Fund
In March 2001, SBI (with 74% of the total capital), joined with BNP Paribas (with 26% of the
remaining capital), to form a joint venture life insurance company named SBI Life Insurance
company Ltd.
Other SBI service points
As of 31 March 2017, the SBI group had 59,291 ATMs. Since November 2017, SBI also offers
an integrated digital banking platform named YONO.
Yes Bank Investment
State Bank of India acquired 48.2% of the shares of Yes Bank as part of RBI directed rescue deal
in March 2020.
Listings and shareholding
As on 31 March 2017, Government of India held around 61.23% equity shares in SBI. The Life
Insurance Corporation of India, itself state-owned, is the largest non-promoter shareholder in the
company with 8.82% shareholding.
Shareholders Shareholding
Promoters: Government of India 56.92%
FIIs/GDRs/OCBs/NRIs 10.94%
Banks & Insurance Companies 10.63%
Mutual Funds & UTI 13.72%
Others 07.79%
Total 100.0%
The equity shares of SBI are listed on the Bombay Stock Exchange, where it is a constituent of
the BSE SENSEX index, and the National Stock Exchange of India, where it is a constituent of
the CNX Nifty. Its Global Depository Receipts (GDRs) are listed on the London Stock
Exchange.
Employees
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State Bank Institute of Credit and Risk Management, Gurugram
SBI is one of the largest employers in the world with 245,652 employees as on 31 March 2021.
Out of the total workforce, the representation of women employees is nearly 26%. The
percentage of Officers, Associates and Subordinate staffs was 44.28%, 41.03% and 14.69%
respectively on the same date. Each employee contributed a net profit of ₹828,350 (US$10,000)
during FY 2020–21
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SBI Agriculture Loan
State Bank of India has been a pioneer and a market leader in agriculture-financing in India with
portfolio of over Rs.1,20,000 crore in agricultural advances that covers more than 1.1 lakh
farmers and their families. SBI caters to the agriculturists and farmers needs and has a vast
network of 10,505 urban and rural branches.
Types of Agricultural Loan from SBI

The different types of agricultural loans offered by SBI are listed below:
1).Crop Loan
This loan covers the expenses related to crop production, post-harvest activities, contingencies,
etc. Borrowers are provided a Kisan Credit Card, a type of electronic Rupay Card, using which
they can withdraw money from ATMs with ease. These cards can also be used for purchasing
fertilizers for the farm.
Key Features and Benefits of the Kisan Credit Card (KCC) Scheme :
 The credit balance in the KCC account gets interest at the savings bank rate.
 State Bank Kisan Card is a free ATM cum debit card that is available to all KCC borrowers.
 For a loan amount up to Rs.3 lakh, interest subvention at 2% p.a. is given.
 If the borrower makes timely repayments, he/she gets additional interest subvention at 3% p.a.
 For all KCC loans, specific areas or crops are offered crop insurance.
 In the case of non-repayment before the due date, the interest will be at the card rate. For non-
repayment after the due date, interest is compounded half-yearly.
Interest Rate 7% p.a. (simple interest)*

Loan For 1st year - Based on cultivation cost, farm maintenance expenses, and post-
Amount harvest expenses After that, 5-year loan is sanctioned based on the scale of finance
Repayment Fixed, based on the harvesting and marketing period of crops
 For KCC limit of up to Rs.1 lakh - Nil
Collateral  Sanctioned KCC limit is considered when fixing collateral requirement
*This will be charged for 1 year or the repayment due date, whichever is earlier.
Eligibility for KCC Scheme :
 All farmers and joint cultivators

 Tenant farmers, share croppers, and oral lessees
 Joint liability groups and self-help groups, including tenant farmers
Documents Required :
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 Application form (filled accurately)
 ID proof - PAN Card, Voter ID, Aadhaar Card, Passport, or Driving License
 Address proof - Voter ID, Aadhaar Card, Passport, or Driving License
2. Gold Loan
Individuals can get loans for agricultural purposes by pledging gold ornaments. These loans have
attractive interest rates and are disbursed almost immediately. All farming activities can be
covered through these loans. The two types of gold loans available to farmers are the Agri Gold
Loan for Crop Production and Multi Purpose Gold Loan.
Agri Gold Loan for Crop Production
Key Features and Benefits:
 These loans can be availed by pledging gold ornaments.

 The entire loan process is easy and convenient.
 The loan is provided at 10,000 SBI bank branches.
Interest
Up to Rs.3 lakh - 7% p.a. More than Rs.3 lakh - 9.95% p.a.
Rate
Margin As per the Loan To Value Ratio fixed by the bank
For Demand Loan - 12 months after loan disbursal For Overdraft/Cash Credit -
Repayment
Limit is reviewed annually and is valid for 3 years
Collateral Pledge of gold ornaments
Eligibility for Agri Gold Loan for Crop Production:
All farmers doing short-term crop production are eligible for the loan.
Interest Subvention:
 For interest subvention, the borrower should be engaged in agricultural activities.

 The loan amount is fixed depending upon the Scale of Finance (SOF) of the grown crop and the
acreage.
 After the interest subvention period, the outstanding amount will be charged interest at the rate of
9.95% p.a.
Documents Required:
 Application form, duly filled

 2 passport size photos of the borrower
 Proof of agricultural crops or land
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Multi Purpose Gold Loan
 Low interest rates.

 The loan process is easy and convenient.
 There are no hidden charges.
 The repayment schedules are flexible.
 Loans are available at all semi urban and rural bank branches.
Interest Rate 9.95% p.a.

Margin As per the Loan To Value Ratio fixed by the bank
Repayment For Demand Loan - 12 months after loan disbursal For Overdraft/Cash Credit -
Tenure Limit is reviewed annually and is valid for 3 years
Collateral Pledge of gold ornaments
Documents Required:

 Proof of agricultural crops or land
3. Farm Mechanization Loan
These loans are offered for purchasing power tillers, tractors, combine harvesters, etc. An
individual can also avail this loan without any collateral. The different types of farm
mechanization loans are detailed below:
Tractor Loan
This includes four types of loan schemes:
 SSTL (Mortgage free)
 The Stree Shakti Tractor Loan scheme has a low interest rate and is a mortgage-free loan.
 The loan will be sanctioned within 3 days.
 There is a monthly repayment option.

 25% for a tractor, based on the original invoice
Margin  50% for tractor accessories
Repayment Tenure 36 months, with a moratorium period of 1 month
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Prepayment Penalty Nil
Processing Fee 1.25%
Part Payment Fee Nil
Duplicate No Due Certificate Charge Nil
Late Payment Fee 1% p.a. on unpaid amount
Failed EMI Charge Rs.562 per EMI
Eligibility Criteria:
 The borrower or co-borrowers should only be women.

 There should be at least 2 acres of agricultural land in the name of the applicant.
 The annual income of the borrower should be at least Rs.1.5 lakh.
Documents Required:
Pre-sanction documents:

 ID proof - PAN Card, Voter ID, Aadhaar Card, or Passport
 Address Proof - Voter ID, Aadhaar Card, or Passport
 Documented proof of land
 Income proof - Certificate from the revenue authority
 Quotation of the tractor that the dealer issues to the customer
Pre-disbursement documents:
 Loan documents
 6 post-dated cheques
Post-disbursement documents:
 RC book of the tractor with hypothecation charges that are in favour of the State Bank of India
 Original invoice of the tractor

 Comprehensive insurance policy for the vehicle
 SSTL with Liquid Collateral
 This is a tractor loan taken against a collateral.

 The loan has a low interest rate.
 The loan will be sanctioned within 3 days.
 There is a monthly repayment option.
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Margin 10%
Repayment Tenure 48 months with 1-month moratorium period
Collateral Time deposit with the bank, gold ornaments, NSC, etc.*
Processing Fee 1.25%
Duplicate No Due Certificate Nil
Late Payment Penalty 1% p.a. on the unpaid amount
*This can be up to a minimum of 30% of the loan amount
 The borrower or co-borrowers should only be women.

 The annual income of the borrower should be at least Rs.1.5 lakh.
Documents Required:

 Income proof - Certificate from the revenue authority
 Loan documents
 6 post-dated cheques
 Liquid security pledge
 New Tractor Loan Scheme
 This loan can be taken for the purchase of a tractor and its implements, accessories, insurance,
and registration.
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 There is no upper limit on the quantum of loan.
 The loan processing will be completed within 7 days from the document submission date.
 The repayments can be done monthly, quarterly, or annually.
 In the event of prompt repayment, there will be a concession of 1% p.a. on the interest rate.

15% of the cost of the tractor, accessories,
Margin
insurance, etc.
Repayment Tenure 60 months with 1-month moratorium period
Mortgage of land for a value not less than
Collateral
100% of the loan amount
Processing Fee 0.5%
Penalty for not getting the tractor registered
2% for the default period
within 1 month of delivery
Documents Required:

 Title search report from the panel advocate
 Loan documents
 Post-dated cheques
 Original title deeds of the land for mortgage
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 Tatkal Tractor Loan
 This is a mortgage-free tractor loan scheme
 The loan turnaround time is just 48 hours.

 The borrower gets free personal accident insurance cover worth Rs.4 lakh.
 The interest rate on this loan is very low.
 There is no processing fee.
 The loan can be repaid in monthly, quarterly, or half-yearly frequencies.
 When margin is 25% - 11.20% p.a.

 When margin is 35% - 10.95% p.a.
Interest Rate  When margin is 50% - 10.55% p.a.
Margin Minimum 25% of the tractor's cost*

 48 months (for installments fixed on net loan)
Repayment Tenure  60 months (for installments fixed on total loan)
Collateral Lien on TDR accepted as margin money

Processing Fee Nil
*This includes registration and insurance charges
 All farmers (individually or as joint borrowers) who own and cultivate land can apply.
Documents Required:

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 Loan documents
 48 or 60 post-dated cheques
b. Combine Harvester Loan
This loan is taken for the purchase of a combine harvester and its accessories. The loan should be
repaid in half-yearly installments. The key features of the loan are as shown below:
Interest Rate 12% p.a.

Margin 15% to 25% of the cost of the combine harvester and its accessories
Repayment Tenure 9 years, including grace period
Collateral Mortgage of land
 All farmers who can operate combine harvesters can apply.

 There should be at least 8 acres of irrigated land in the name of the applicant.
Documents Required:

 ID proof - PAN Card, Voter ID, Aadhaar Card, Driving License, or Passport
 Address Proof - Voter ID, Aadhaar Card, Driving License, or Passport
 Documented proof of agricultural land
c. Drip Irrigation Loan
This loan is taken to purchase a drip irrigation system. The key features of the loan are as
follows:
Interest Rate 12% p.a.

Margin 15% to 25% of the total cost of the project
Repayment Tenure 5 to 13 years
 Up to Rs.10,000 - Nil
Collateral  More than Rs.10,000 - Mortgage or charge on land
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 All farmers who own land and are involved in agricultural activities can apply.
Documents Required:

 Mortgage on land
 Deed of Guarantee
4. Allied Activities
This category consists of three types of agricultural loans:
i. Dairy Loan
This loan is offered to dairy societies for the creation of the following infrastructure:
 Construction of milk house or society office

 Automatic milk collection system purchase
 Transport vehicle purchase
 Bulk chilling unit purchase
Dairy Farm Business Loan

The key features of the loan are as shown below:

Margin 15%
Repayment Period 60 months (start-up period is 6 months)
Collateral Guarantee of milk union or mortgage of property
Loan Amount: This is usually 85% of the cost of the project or 4 times the average profit for the
past 2 years (maximum limit is Rs.10 lakh).
The maximum loan limit is also restricted as indicated below:
 If the loan purpose is to set up a milk house or society office - Rs.2 lakh
 If the loan purpose is to purchase an automatic milk collection system - Rs.1 lakh
 If the loan purpose is the purchase of a milk transportation vehicle - Rs.3 lakh
 If the loan purpose is the purchase of a chilling unit - Rs.4 lakh
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The loan can be availed by a milk producer co-operative society that is affiliated to the district
milk union. The borrower should also adhere to the following requirements:
 Supplies 1,000 litres of milk per day on an average to the milk union
 Received 'A' grade in the last audit
 Earned profits (pre-tax) in the previous 2 years
Documents Required:

 Undertaking from the milk union for deduction and payment of the installment amount for
repayment
 In case a loan was taken from another bank previously, liquidation and no-dues certificate
 Audited balance sheet for at least two preceding years
ii. Poultry Loan
This loan can be availed by farmers for the construction of feed rooms, poultry shed, and other
equipment. The key features of the loan are as detailed below:

Margin 25%
Repayment 5 years (in bi-monthly installments)*
Mortgage of the land on which the shed or other infrastructure will be
Collateral
constructed**
*This includes a grace period of 6 months
**This should cover at least 50% of the advance
The loan can be availed by an individual who has experience in poultry farming and has land for
the construction of poultry sheds.
Documents Required:

iii. Fisheries Loan
This loan can be availed for the purchase of fish net, fish seeds, and other related equipment. The
key features of the loan are as detailed in the table below:
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Margin 15% to 25% of the total project cost
Repayment Period Maximum 48 months
Collateral For loan up to Rs.1 lakh - Nil For loan above Rs.1 lakh - Land mortgage
All professional fishermen and farmers with knowledge in pisciculture can apply for the loan.
Documents Required:

5. Miscellaneous Activities
This category consists of five types of agricultural loans:
a. Produce Marketing Loan
The purpose of this loan is as described below:
 To assist farmers so that they do not sell their products in distress.

 To help in the prompt repayment of crop loans.
 To offer liquidity to farmers for meeting emergency financial needs.
 To offer loan against stocks in farm houses and loan against warehouse receipts.
The key features of the loan are as listed below:
Loan Amount 60% to 80% of the total produce value*

Repayment Within 12 months**
 Loan against goods stored in farmer's godown:
Security  Loan against Warehouse Receipts (WHR):
*This depends on the place of storage of the produce and is subject to a maximum amount of
Rs.50 lakh
**This depends on the crop and the models of godowns
 All non-defaulter borrowers of SBI who can store the produce in a warehouse or their own farms
30 | P a g e
 All non-borrower farmers and crop loan borrowers of other banks who can store their produce in
warehouses
Documents Required:
The endorsed stock statement for the valuation of stocks at a warehouse or the residence of the
borrower is needed.
b. Setting up of Agri Clinic and Agri Business Centres
This loan provides self-employment opportunities to individuals who are trained in agriculture
extension services. The loan can be availed by applicants engaged in the following activities:
 Water and soil quality testing laboratories

 Diagnostic, post surveillance, and control services
 Repairs, maintenance, and custom-hiring of machinery related to micro irrigation systems

 Agri service centres that work on the three activities listed above (group activities)
 Seed processors
 Micro propagation through plant tissue culture labs
 Construction of bio-fertilizer, vermiculture, and bio-pesticide units
 Construction of apiaries and related processing units
 Provision of agri insurance services
 Consultancy services
 Hatcheries and aquaculture production units
 Livestock health cover provision, construction of veterinary dispensaries/semen banks/liquid
nitrogen supply units
 Construction of information technology kiosks in rural areas for the provision of agriculture
portal access
 Feed processing and testing technology
 Value addition units
 Construction of cool chain from the farm level (group activities)
 Management centres for post-harvest activities like sorting, standardisation, storing, and
packaging
 Constuction of metallic and non-metallic storage units (group activities)
 Retail marketing outlets for agri produce that is processed
 Rural marketing dealership for farm output
The key features of the loan are as listed below:
 In the case of group activities, if a group has more than 5 members, all except one should be
trained agri-graduates under the scheme. The remaining person should be a non agri-graduate
who has experience in business management.
 For loans within Rs.5 lakh, the loan amount provided will be 100% of the cost of the project.
 For loans more than Rs.5 lakh, the loan amount provided will be 85% of the cost of the project.
 The bank offers a composite subsidy of 44% of the project cost for women borrowers, SC/ST
category applicants, and candidates from the North East and hill stations. 36% subsidy is
provided for other categories of applicants. There is no interest charged on the subsidy amount.
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 Individual activities - Rs.20 lakh*
Loan Amount  Group activities - Maximum of Rs.100 lakh
Repayment
5 to 10 years, with grace period of 2 years
Tenure
 Up to Rs.5 lakh - Hypothecation of assets created
 More than Rs.5 lakh - Hypothecation of assets created and mortgage of land
Security or third-party guarantee
Soft Loan The applicant's 50% share of the margin will be provided by NABARD as a
Assistance soft loan. There will be no interest on this amount.
*Rs.25 lakh is provided for projects that have achieved success
 Graduates in agriculture from State and Central universities and institutions recognised by
ICAR/UGC
 Degree-holders in agriculture from other universities are also considered based on the approval
from the Department of Agriculture and Cooperation
 Diploma holders in agriculture subjects from recognised universities
 Biological science graduates with post-graduation degree in agriculture subjects

 Graduates of degree courses that are recognised by UGC with more than 60% content in
agriculture
 Candidates of diploma courses that have more than 60% content in agriculture subjects
 Candidates of agriculture courses at plus two level with a minimum of 55% marks
 Candidates of courses allied to agriculture, i.e., animal husbandry, horticulture, dairy science,
forestry, poultry, pisciculture, etc.
c. Land Purchase Scheme
This loan is offered to small farmers and landless agricultural labourers for the
purchase of land
. Applicants should be existing borrowers who are looking to consolidate land holdings and
develop wastelands.
The key highlights of the loan are as indicated below:
 The loan can be taken for the procurement of irrigation facilities and development of land.
 The loan amount can be used for the purchase of farm equipment and registration purposes.
Loan Amount 85% of the cost of the land*

9 to 10 years from the expiry of the gestation period (half-yearly
Loan Repayment
installments)**
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Security Mortgage of the land that is being purchased
*Up to a maximum of Rs.5 lakh
** Gestation period can be up to 1 year for land that is developed and 2 years for underdeveloped
land
 Small farmers who own less than 5 acres of unirrigated land

 Marginal farmers who have 2.5 acres of irrigated land
 Landless agricultural labourers
 Applicants should have a great track record of previous loan repayment
 Good borrowers of other banks can also apply if they are ready to liquidate their outstanding
amount to the respective bank
d. SBI Krishak Uthan Yojana
The purpose of this scheme is to offer short-term production and consumption loans to tenant
farmers, oral lessees, and share croppers who do not have land records. These loans help in
increasing their income to a great extent.
The key features of the loan are as follows:
Loan Amount Up to Rs.1 lakh*

Security Nil
Repayment The sale proceeds should be routed through cash credit account
*Out of this amount, the maximum consumption credit is Rs.20,000
 Share croppers, landless labourers, oral lessees, and tenant farmers who have no land records
 Applicants should have a permanent address proof and should have been residing at the current
place for at least 2 years.
 Migratory tillers are not eligible
Documents Required:
 Residence proof
 Identity proof
 Notarized Affidavit in the prescribed format
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e. Scheme for Debt Swapping of Borrowers
The purpose of this loan is to help farmers in paying off debts that are taken from non-
institutional lenders. These loans assist farmers in meeting their crop production needs. The key
features of this loan are as follows:
Loan Amount Up to Rs.1 lakh*

Security Collateral security by mortgage on agriculture property
Repayment Within 3 to 5 years in half-yearly/annual installments
* 100% funding is offered if the loan is for agri activities
All existing borrowers of the bank who are farmers can take this loan. Other farmers in the
operational area of the bank branches can also avail this finance.
Documents Required:
 Notarized Affidavit, stamped and as per the bank format

 A confirmation from the lender on the facts in the Affidavit
6. Agri Debt Waiver/Relief Scheme, 2008
Farmers can receive debt waiver or relief by getting in touch with the bank branch. Further
details of this scheme are available at the RBI website
Bank of Baroda Ltd.
34 | P a g e
Corporate Centre, Bandra-Kurla Complex,Mumbai, India
Type Public
 BSE: 532134
Traded as  NSE: BANKBARODA
ISIN INE028A01039
Banking
Industry
Financial services
 Vijaya Bank
Predecessor  Dena Bank
Founded 20 July 1908; 114 years ago

Founder Sayajirao Gaekwad III
Vadodara, Gujarat
Headquarters ,
India
8,546 Branches
Number of locations
10,033 ATMs (March 2023)
Area served India & Worldwide
 Hasmukh Adhia
(Chairman)
Key people  Sanjiv Chadha
(MD & CEO)
Services  Asset management

 Commercial banking
35 | P a g e
 Financial services
 Investment banking
 Mortgage loans
 Private banking
 Private equity
 Retail banking
 Savings
 Securities
 Wealth management
Revenue ₹87,780.20 crore (US$11 billion) (2022)

Operating income ₹10,008 crore (US$1.3 billion) (2022)
Net income ₹7,848.70 crore (US$980 million) (2022)
Total assets ₹1,340,137.10 crore (US$170 billion) (2022)
Total equity ₹91,868 crore (US$12 billion) (2022)
Owner Government of India(63.97%)
Number of employees 79,806 (2022)
 Bank of Baroda Uganda Limited
 Bank of Baroda Tanzania Limited
Subsidiaries  Nainital Bank
 Baroda UP Gramin Bank
Capital ratio 14.99%

Website www.bankofbaroda.in
Review of Literature
 Singh and Sekhon (2005) studied the Cash-in Benefits of the Kisan Credit Card Scheme.
They found the KCCS aims at adequate and timely support from the banking system to the
36 | P a g e
farmer to meet the credit needs of crop production and ancillary activities. The cropping intensity
and RFFR exhibited positive relationship with the farm size, i.e., 200, 201.98 and 201.46 per
cent and Rs. 34,896.44, Rs. 43,756.68 and Rs. 44,635.20 per hectare for the small, medium and
large farms respectively. On the other hand, credit gap sanctioned was inversely proportional to
the farm size, i.e., 2.23, 20.36, 23.90 per cent for the small, medium and large farms respectively.
As many as 73 per cent of the KCC beneficiaries were satisfied with the present cost of
accessing the KCC limit, all the farmers were satisfied with the operational efficiency of the
KCCS. The major constraints in the working of the KCCS were too many intermediaries in
obtaining the suitable securities and finding the guarantor. All the farmers were quite satisfied
with the attitude of the loan officers.
 Golait (2007) analyse the issues in agricultural credit in India. The analysis reveals that the
credit delivery to the agriculture sector continues to be inadequate. It appears that the banking
system is still hesitant on various grounds to purvey credit to small and marginal farmers. The
situation calls for concerted efforts to augment the flow of credit to agriculture, alongside
exploring new innovations in product design and methods of delivery, through better use of
technology and related processes. Facilitating credit through processors, input dealers, NGOs,
etc., that are vertically integrated with the farmers, including through contract farming, for
providing them critical inputs or processing their produce, could increase the credit flow to
agriculture significantly.
 Kumar et al. (2007) studied the performance of rural Credit and factors affecting the choice
of credit sources and concluded that the access and distribution of rural credit is skewed in
favour of better endowed regions and within the same region tilted towards better-off
households. The persistence of non-institutional sources is a matter of concern and concerted
efforts need to be made to minimise their role in rural credit, particularly because their rates of
interest are exploitative and have exhibited an increasing trend.
 Ramakumar and Chavan (2007) examined the credit to agriculture provided by the
commercial banks, including regional rural banks, and found that contrary to the general
perception that the credit revival began in 2004, the actual revival started after 2000. The
increase in credit was to a large extent the result of a growing share of indirect finance, which, in
turn, has been broadened in scope to cover many new kinds of farm lending. Moreover, even as
direct lending to agriculture has also grown, there has been a sharp increase in the share of large-
sized advances for financing agribusiness oriented enterprises, rather than for the small and
marginal farmers.
 Shah et al. (2007) found that farmers face the problems of dependence on usurious
moneylenders and the operation of a deeply exploitative grid of interlocked, imperfect markets.
They articulate the theoretical and historical case for nationalisation of banks and provide
evidence of its positive impact on rural credit and development. Certain excesses led to form of
the 1990s, which did increase bank profitability but at the cost of the poor and backward regions.
While the microfinance institution model is unsustainable, the self-help group-bank linkage
approach of MF can make a positive impact on security and empowerment of the disadvantaged.
 Rutamu and Ganesan (2008) studied the Case of Banques Populaires (Peoples' Bank) of
37 | P a g e
Rwanda and found that financial institutions in general and banking sector in particular play a
strategic role in the financing stage of capital formation. In the banking sector, co-operative
banks undertake the responsibility of mobilising the scarce savings of the community and
channelising these savings for productive investment in the economy and also they discussed the
performance of Banques Populaires and the determinants of its Profit and Profitability.
 Gurcharan Singh and Sukhmani (2011) studied the Productivity and Profitability of
District Central Cooperative Banks in Punjab and focused on evaluating performance of
cooperative banks in the state of Punjab
 Ramesh and Chandel (2011) studied the financial performance and viability of four District
Central Cooperative Banks (DCCBs) operating in Hisar division in Haryana for a period of
twelve years (1997-98 to 2008-09) by financial analysis with different parameters and z- score
analysis. The financial parameters were taken i.e. profitability, liquidity, efficiency, solvency,
risk and bankruptcy and results revealed that four DCCBs with approximately fifty branches
have not been performing well on all financial parameters taken for study. The banks performed
well on one parameter but deteriorated on another and in different years as well. All the banks
have been a part of bankruptcy zone (weak performance zone) throughout the study period.
 Chanda (2012) evaluated the potentiality of the Kisan Credit Card Scheme in India. The
Kisan Credit Card Scheme was introduced in India in 1998- 99 has since become a flagship
program providing access to short term credit in the agricultural sector. According to the
Government of India, over a 100 million cards had been issued cumulatively by March 2011.
Using data from 2004-05 to 2009-10, he critically examines the determinants of KCC lending
across states in India and districts in Bihar and also examine the effects of the scheme on
agricultural growth and yields. His results suggest that states with initially better access to
agricultural credit show subsequently greater amounts of KCC lending. However, Bihar and
other states also showed a faster adoption rates that cannot be explained by their recent growth
accelerations. Within Bihar, districts with initially greater lending in KCC continue to to pull
further away from other districts while in terms of account holders there is evidence of
convergence. Finally, he did not see any evidence of KCC lending on state or district level
agricultural productivity.
 Kanchu, Thirupathi (2012) examined the growth of DCCBs in India through selective
indicators that included and analysed the Deposits, Credits and C/D Ratios of DCCBs. He also
studies the growth of investment, working Capital and Cost of Management position in DCCBs
and collected the data from various secondary sources and analysed it by using various statistical
tools.  Soni and Saluja (2012) studied the role of cooperative banks in agricultural credit in
Chhattisgarh. They concluded that cooperative banks are serving in the field of agricultural credit
and rural development and maximum numbers of respondents are satisfied with functioning of
cooperative bank. The cooperative banks are playing extraordinary role for agriculture credit and
rural development and plays a major role in rural credit delivery of Chhattisgarh State.
 Kumar et al. (2013) examined the performance of agricultural credit flow and has identified
the determinants of increased use of institutional credit at the farm household level in India. The
study was based on the secondary data compiled from several sources, has revealed that the
38 | P a g e
institutional credit to agriculture in real terms has increased tremendously during the past four
decades. The structure of credit outlets has witnessed a significant change and commercial banks
have emerged as the major source of institutional credit in recent years. But, the declining share
of investment credit in the total credit may constrain the sustainable agricultural growth. The
quantum of institutional credit availed by the farming households is affected by a number of
socio-demographic factors which include education, farm size, family size, caste, gender,
occupation of household, etc. The study has suggested simplification of the procedure for a better
access to agricultural credit of smallholders and less-educated/illiterate farmers.
 Rajiv Kumar and Jasmindeep Kaur (2013) studied the cooperative banking in the state of
Haryana and focuses on the short and medium-term rural cooperative banks. They concluded that
financial position of the HARCO Bank reflect that its profits declined over the period of study.
Profits of the bank declined to Rs. 18.69 crore in the year 2011-12 from Rs. 39.67 crore in the
year 2002-03
 Rajni and Dhaliwal (2013) were analysed the Growth of loans and advances and recovery
performance of state co-operative agricultural and rural development bank in Punjab by applying
Statistical tools i.e. mean, standard deviation, exponential growth rate, Coefficient of variation,
index number percentage and correlation coefficient over the period of twelve years (1999-2000
to 2010-2011). The study revealed that although overall growth of loans of the Bank during the
study period is good, but growth of total loans is inconsistent, due to chronic over dues,
Government waiver and big and wilful defaulters’ loans outstanding has increased.
 Godara et al. (2014) studied the credit delivery to the agriculture sector and found that it is
continues to be insufficient. It appears that the banking system is still hesitant on various grounds
to provide credit to small and marginal farmers. Transformation in banking policies and practices
and the resultant of access to total bank credit during the post-bank nationalisation period have
not satisfactorily addressed equitable and efficient delivery of agriculture and rural credit. Due to
declining in public capital formation in the rural and agriculture sector and the persistent
unenthusiastic attitude of rural bankers towards formal financing, the planners and policymakers
are believe on micro-finance to suitably supplement formal banking in rural India.
 Sanitha A.C. and Philo Francis (2014) studied the district Co-operative Banks, working
under the Kerala State Cooperative Bank in Kerala and concluded that DCBs are giving more
importance to short-term agricultural credits than medium term agricultural credits, DCBs have a
good capacity to collect the short term agricultural loans without losing more amount in over-
dues, and it has a capacity to reduce its NPA relating to agricultural credit in the future.
 Kaur (2015) analyse the growth of agricultural credit in India for a period of 2000-01 to
2011-12 and collected the data from secondary sources. Percentages and compound annual
growth rates are used for data analysis. The study reveals that flow of institutional credit to
agriculture has increased over a period of time. The amount of loans issued to agriculture both as
direct and indirect finance has shown an increase during the reference period. At the same time,
the loans outstanding have also grown over a period of time.
39 | P a g e
 Lakshmi and Manoj (2015) studied the trend and pattern of microfinance exposure by formal
sector institutions in India with a focus on two groups that are specially mandated to serve the
poor viz. (i) Regional Rural Banks (RRBs), and (ii) Co-operative Sector Institutions (Co-ops) at
south India. They concluded that the relative growth of RRBs and Co-ops have been quite slower
when compared with pace than commercial banks over the years.
 Maurya (2015) studied the agricultural credit and to assess the impact for bank finances and
the borrower-farmers in district Mohali, Punjab. The impact was measured in terms of the
benefits realised by the borrowers. They used specific parameters for the purpose: land
utilisation, extent of irrigation, cropping intensity, output pattern, cultural practices, input
structure, gross and net farm incomes, employment pattern, saving pattern, and value assets like
investment pattern, In addition to the identification and assessment of the benefits realised by the
sample participants. He concluded that, the average loan of co-operative bank borrowed per
sample farmers increased by 30.61% from Rs. 22,872.5 in the reference year to Rs. 29,875.5 in
the current year, a good number of borrower-farmers to have taken credit from more than one
institutional agency for same purposes.
 Narayana Rao E.S.V., and Gudala, Chiranjeevi (2015) studied the performance evaluation
of District Central Co-operative Banks (DCCBs) of Andhra Pradesh state in India during the
years 2006-2011 and analysis carried out through Data Envelopment Analysis (DEA). Further
they ranked the banks on the basis of their technical efficiencies and super-efficiency. A model
was used to resolve the rank tie-breaking among the DCCBs and Total Factor Productivity
(TFP), technical change and technological change were also obtained with the help of Malmquist
Index.
 Singh and Kaur (2015) examined the role of Cooperative banks in agriculture credit from
2007-2008 to 2012-13 in India with special reference to Punjab and concluded that the
performance of Cooperative Banks with regard to agriculture credit in Punjab has
deteriorated .There is urgent need to open new cooperative bank branches in rural area and
provide all financial facilities at low cost. So Government should have the primary responsibility
to open new cooperative banks branches and to ensure that its citizens have easy access to
cooperative credit.
 Uttam Kumar Saikia (2015) studied the role of cooperative banks in rural development in
the State of Sikkim in India and analysed the trends in rural credit, outreach of Credit societies
and level of participation of rural communities in the mainstream financial system through
PACS. they concluded that Cooperative Bank under study was found to have been functioning
under financial stress for reasons arising out of increasing cost of operations, dwindling profits
and prevalence of high over-dues mainly because of poor performance of cooperative societies.
In order to cope up with the situation of declining vitality the cooperative banks, the government
and NABARD has to rethink about this sector and take some measures to revive the cooperative
sector through more capacity building efforts on rural livelihoods in grassroots levels for better
bank-borrower relationship, financial inclusion and social security in rural India.
 Kanchan (2016) studied the role of cooperative banks of Punjab in agricultural finance and
she found that though the number of PACS has shown a tremendous rise but the situation has
40 | P a g e
deteriorated in Punjab as number of PACS has shown a tremendous downfall. Loans issued by
PACS in the state of Punjab recorded very meagre share over the loan issued by all PACS in
India.
 Mushtaq Ahmad Shah and Teju Kujur (2016) analysed the performance and progress of
the Chhattisgarh Rajya Sahakari Bank Maryadit or Apex Bank of Chhattisgarh. The study found
that the Apex Bank of Chhattisgarh has performing well during the study period from (2010-11
to 2014-15). However bank has lot of challenges ahead, like, to transform from paper banking to
e-banking business, sustaining growth, managing skilled and efficient employee and overcoming
the competition by other banks operating in Chhattisgarh state.
 Varalakshmi and Venkateswarlu (2016) studied the growth of the Krishna District
Cooperative Central Bank Ltd., through selective indicators, they analysed the Deposits, Credits
and C/D Ratios and also analysed the growth of investment and profitability position in DCCBs.
They collected the data from various secondary sources and used various statistical tools. They
concluded that the capital, reserves and borrowings increased almost one and half times during
the study period. The bank has been maintaining on an average 138.36% of C/D ratio. It has been
showing maximum growth (almost double) in investment and profits of the Krishna DCCB Ltd.
has been increased almost three and half times during the study period.  Bhulal and Dhanna
(2017) examined the Financial Performance and importance of Co- operative banks in Himachal
Pradesh. Their study demonstrated that there are significant differences on the performance of
the banks in term of share capital, deposits, borrowing and profitability, market coverage but
their performance is equally in term of outstanding advances, profits, shareholder funds and
management quality.
 Ruchi (2017) analysed the profitability of District Central Co-operative Banks in Haryana and
took into consideration a period of thirteen years, ranging from 2001-02 to 2013-14. The study
covered the 19 Central Cooperative Banks in Haryana. They concluded that Return on Business
that Faridabad Central Co-operative Bank listed the highest rank (Mean=1.23) followed by
Jhajjar Central Co-operative Bank (Mean=0.74). On the other hand, Jind Central Cooperative
Bank listed the lowest rank (Mean=-0.11) followed by Hissar Central Co- operative Bank
(Mean=-0.93).
 Shastry (2017) concluded that the business performance of DCCBs in Warangal District has
been increasing year by year from the observation of financial statements of the bank. In case of
deposits the trends in deposits are observed to be increasing and lending advances is also
increased but the rate of increase fast. The overall performance is averagely considered as
satisfactory and DCCBs are working satisfactorily but financial results are still to be increased by
creating and promoting awareness about bank facilities to rural people and moreover due to
illiteracy and low educational levels rural people.
 Njavallil et al. (2018) studied the financial performance of Upputhara Service Cooperative
Bank (USCB) and analysed the financial performance in terms of profitability, short-term and
long-term financial position and growth of loans and deposits during the period of study. The
study found that immediate steps are needed to improve the capital base of the bank.
41 | P a g e
Objectives of the Study:-
The study is undertaken with the following objectives.
 To know the history and growth of agriculture sector in India.
 To study the organizational profile of State Bank of India & Bank of

Barodra.
 To study the various products & services offered by the bank.
 To know the various aspects of agricultural finance.
 To find out the feedback from the farmers who have borrowed from State
Bank of India & Bank of Barodra.
 To analyze & interpret the data collected.
To give recommendation & suggestion if necessary.
42 | P a g e
SCOPE OF THE STUDY-
 The Scope Of The Study Is Confined To Gondia City.
 The scope of the study is limited in time & money constraint.
 Sample size 25 respondent
43 | P a g e
Research Methodology
Research methodology is an important part of every project because it

helps in knowing how to select the representative sample from the world
or the general population. The right research tools and techniques to
complete the research. The study of the consumer behavior is important
because he is the king. The research process is based upon survey
method, so in order we go to service provider and services user which is
the customers.
The research involves the following steps;

Define the problem:
The problem and objective is to assess the services offered by
the various service providers and what the customers wants.
1. Customers are satisfying or not this service.
2. What should be changes in facilities or any addition?
Developing the research plan:
The second stage of the research methodology is to develop a

research plan.
The research plan designed to take the decision on the data sources,
research approaches, research instruments, sampling plan and
contact methods.
Research Instruments:-
The use of an effective research instrument is very important

because through this instrument we collect data in this project through
observations and personal interview were conducted.
Personal interview:-
As we were doing direct selling we interacted with my customers
44 | P a g e
and asked about their view in selecting a service and what are their
wants and expectation from a service provider.
Method of Data Collection:
Primary Method:
In the primary source, the researcher use the Interview scheduled method 1 for
collection of data.
Secondary Method:
The secondary sources or method used as supportive sources to the interview
methods used as supportive sources to the interview method were sources like-
1. Records
2. Books
3. Observation and Research papers
Tools of Data Collection:

In the present study, researcher had used the Interview schedule 1 as the
primary tool for the data collection. The researcher also took the help of
various literature and dissertation for collection of data as the secondary
method.
(e) Data processing Editing:

It is the first step of the data processing. It is the process of examination and
scrutinizing the data collected by interview schedule and finally to get
relevant and correct information which can be properly coded.
Coding:
Coding is the process which helped the researcher to organize the data into
classes and symbols which was further helped the researcher to organize the data into classes and
symbols which was further helpful for tabulating the same.
Master Chart Preparation:
The researcher prepared the master chart and positioned the data from the schedule
into master chart in a coded form, so that collected information could be seen and
understood at a glance.
Tabulation:
45 | P a g e
The researcher tabulated the raw data by displaying it in compact form for further
analysis. The researcher prepared simple Tables.
Analysis and Interpretation:

The researcher after tabulation analyzed and interpreted the data, as the collected data in itself
does not provide and answer to the research problems. Thus it was done in order to provide a
general understanding of the factors collected. It also helped to provide a theoretical conception,
which served as a guide for further research.
46 | P a g e
Data Analysis & Interpretation
Occupation of Loan Borrower
What is your the occupation?
Type of occupation No. of customer
Businessmen 27
Employee 42
Former 19
Retired person 12
Total 100
Types Of Occupation
120
100
80
60
40
20
0
Businessmen Employee farmer Retired person Total
No. of customer
In this
INTERPRETATION
Question, we know that, in different class of occupation who take more loan in
these group. in above chart we can see that the employees are 42% means the
employees are more take a loan as compare to other group of like businessmen
former and Retied Person are as 27%, 19% and 12%.
47 | P a g e
Behavior of Staff Member
What is the behavior of staff members?
Behavior No. of customer
Excellence 23
Good 36
Adequate 17
Average 14
Unsatisfactory 10
Total 100
Behavior
120
100
80
60
40
20
0
No. of customer
Excellence Good Adequate Average Unsatisfactory Total
INTERPRETATION
To use these type of question in research, to know the behavior of staff
member. In these research 36% people are say that the behavior of staff
is good. 23% people are saying that the behaviors of staff are
Excellent.17% people are saying that the behaviors of staff are
48 | P a g e
Adequate. In these ways the 14% and 10% are those who said that the
behaviors of staff are Average and Unsatisfactory.
Age group of loan borrower.
What is your age?
Age group of customer No. of customer
18-35 year 30
35-60 year 48
60-90 year 22
Total 100
Age Of The Customer

120
100
80
60
40
20
0
No. of customer
18−35 year 35−60 year 60−90 year Total
INTERPRETATION
In this research on loan and advances, classified the different age group and
knowing that who take a more loan. In above chart we can see that the 48% people
are those who age is 35 to 60. 30% people are those who age is 18 to 35 year and
22% are those who age group is 60 to 90 years.
49 | P a g e
Income Level of Loan Borrower
What is your the income level per annum? □more than
Income level of customer No. of customer
Up to 2 laces. 23
Between 2 & 5 laces. 44
More than 10 laces. 12
Total 100
Chart Title
120
100
80
60
40
20
0
No. of customer
Up to 2 laces. Between 2 & 5 laces. Between 5 & 10 laces.

More than 10 laces. Total
INTERPRETATION
In this question, the incomes of borrower are identified. In these, the persons whose
incomes are between 2 to 5 laces are 44% means its take more loans then after
whose income level is up to 2 laces are 23%,the income of between 5 to 10 laces
are 21% and who income is more than 10 laces is 12%.
Income Level of Loan Borrower
50 | P a g e
What is your the income level per annum?
Income level of customer No. of customer
Up to 2 laces. 23
More than 10 laces. 12
Total 100
Chart Title
120
100
80
60
40
20
0
No. of customer
Up to 2 laces. Between 2 & 5 laces. Between 5 & 10 laces.

More than 10 laces. Total
INTERPRETATION
In this question, the incomes of borrower are identified. In these, the
persons whose incomes are between 2 to 5 laces are 44% means its take
more loans then after whose income level is up to 2 laces are 23%,the
income of between 5 to 10 laces are 21% and who income is more than
10 laces is 12%
FINANCIAL PERFORMANCE OF STATE BANK OF INDIA & BANK OF
BARODRA BANK .
51 | P a g e
Particular SBI BOB
Owned capital 50,00,000 63,53,130
Deposits 3,00,10,000 2,95,22,530
Loan 2,05,30,530 2,30,33,555
Working capital 3,55,40,500 3,95,52,530
45000000
40000000
35000000
30000000
25000000
SBI
20000000 BOB
15000000
10000000
5000000
0
own capital deposits loan working capital
Interpretation:- Above mention the financial performance of bank

branch.50,00,000 & 63,53,130 this is the owned capital of bank both
years.3,00,10,000 & 2,95,22,530 this is amount of accepted deposit in
both two Bank respectly.3,55,40,500 & 3,95,52,530 this working
capital for handling day to day risk.
52 | P a g e
AGRICULTURE LOAN
Short term and Long term Loan
Period Particulars SBI BOB

Short term Crop Loan 95,00,000 1,70,00,000
Long term Agriculture Equipment 3,37,30,000 5,55,00,910

development
80000000
70000000
60000000
50000000
40000000 long term

short term
30000000
20000000
10000000
0
SBI BOB
Interpretation:- the above graph shows that crop loan and

equipment ,agriculture development loan increase by30.22% and28.36
% respectively in both Banks.
OBSERVATION:-
53 | P a g e
1. Agriculture output depends upon the monsoon, weather,& other natural factors
type of land, fertilizer used.
2. Agriculture is not a single homogeneous industry but complex of different
industries.
3. The size of the farm is very important from the Farmers point of view.
Bank Generally prefer to lend to a big farmers than small farmers.

4. In rural areas there is no electricity, farmers can not avail of the credit made
available to them purchase of the electrically operating pump sets & other farm
machinery.
5. Operation of agriculture credit or banking becomes extremely difficult

in such unapproachable places due lack of communication.
6. The problem of overdue becomes very common in agriculture loan due to

problems like natural calamities, wrong utilization of fund, defective lending
policies, lack of inadequateness market facilities & infrastructure
FINDINGS
54 | P a g e
 The need for agriculture fiancé remains stable & steady, depending more on nature of
agriculture operation rather than the volume of output
 The farmer gives his land as security against loan but land is an asset which can not
easily converted into cash & hence it is an unsuitable from of security for commercial
banking.
 Inadequacy of farm income & excessive expense for unproductive purpose create
situation to borrow more & more. This situation compels him to dispose of his crops at a
wrong time, wrong place & at wrong price & thus adversely affects his repaying capacity.
 The entire needs of farmers for farm input & credit including consumption have to be
met. Otherwise the credit advanced is likely to be diverted to non-productive purposes.
 At present there is no suitable infrastructure to assimilate any credit made available to the
farming community. in the absence of which it is likely to be diverted to non- productive
expenditure which results in inflation
 For the banks in rural area, it is difficult to get the repayment of loans unless they are
very watchful &vigilant.
 While formulating agriculture schemes it is necessary to see their financial soundness,
economical and technical feasibility.
55 | P a g e
RECOMMENDATION
1. Bank officers also have to increase the contacts with farmers. Encourage the people
by conducting seminars some programmers related to the agricultural schemes how it
is useful in remote areas. So it creates awareness in the farmers.
2.Bank have to focus on enhancing the quality of the some new schemes related to the
farm development, equipment, plantation and farm mechanization which are helpful to
fostering the agriculture production which are more important for the development of
Indian economy.
3.Bank have so take some efforts to create awareness about different financial product by
taking some programmers and bank officers have play proactive role in aggressive
marketing of short term and investment credit to potential borrowers.
4. People of young age group who are risk takes by nature may be targeted separately. At
present era they are taking the decision related each and activity in the family. So the bank
officers have to target the youngster’s age group.
5.Some farmers are capable to repay the loan but the intentionally avoid repaying the loan.
In which the government & bank recovery policy should tighten-up. After recovery of the
funds can utilized for various purposes.
6.Because of overlapping of credit result in financial indiscipline both parts of lenders &
borrowers. There is strictly restricted to farmers to borrowing loan from more than one
agency.
56 | P a g e
Conclusion:-
1. After the completion of three months Summer Internship on An study on Agriculture
loan as a financial product & Farmer’s feedback at State Bank Of India & Bank Of
Barodra. I can say that the study of Agriculture loan is very interesting and is very
important subject for the country since development and empowerment of human capital
and resource is in the National interest.
2. The procedure involved in loan appraisal at State Bank Of India & Bank Of Barodra
bank is very fast process for agriculture equipment; it requires a lot of documentation
process.
Bibliography
57 | P a g e
Newspaper:-
 The times of India
 The economic times
 The business standards
Website:-
 www.sbi.in
 www.bankofbraodra.in
 www.rbi.in
BOOKS:-
 Banks & institution of India books
 Broachers of banks
Questionnaire (Former )
58 | P a g e
1.What is your the occupation?
□Business man
□Employee
□Profession
□Retired person
2. What is your age?
□18 to 35 year
□35 to 60 year
□60 to 90 year
3.What is the behavior of staff members? □Excellence
□Good
□Adequate
□Average
□Unsatisfactory
4.Which is another bank from you borrowed other loans?
□SBI
□ICICI
□HDFC
□AXIS
□BOB
5. What is your education qualification?
□Up to HSC
□Up to Graduation
□Up to Post Graduation
□More than post graduation
59 | P a g e
6. What is your maximum extent to take loans?
□Less than 100000

□between 100000 & 500000
□Between 500000 & 1000000
□More than 1000000
Que.7) Types of agriculture loan.?
Que.8) The eligibility criteria for availing agriculture loan .
Que.9) What documents are required for agriculture loan.?
Que.10) Yearly the amount of loan targeted as agriculture loan ?
Que.11) Interest rate on agriculture loan.?
Que.12) Do you get any benefit or support from government for providing
agriculture loan.?
Que.13) What is agriculture loan subsidy.?
60 | P a g e

Executive Summery SONALI

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Executive summery

With a view to provide an institutional mechanism for sharing of information on borrowers /

Reforms in the Banking sector

Banking System in India

Reserve bank of India (Controlling Authority)

Development Financial institutions Banks

IFCI IDBI ICICI NABARD NHB IRBI EXIM Bank SIDBI

Commercial Regional Rural Land Development Cooperative

Banks Banks Banks Banks

Public Sector Banks Private Sector Banks

RESERVE BANK OF INDIA & AGRICULTURE FINANCE

Agriculture development is regarded as a prerequisite of economic development of the country.

 Product contribution – making available food & raw materials.

Agriculture Credit Department

Funds for Agricultural Development

 Financial Assistance to Co-operative Sector

 Assistance to Co-operative Banks in SFDA and MFAL

ii) To maintain continued relationship with our existing borrowers by

vi) Building up infrastructures at farm level through irrigation, farm

vii) To promote growth of industries including small artisans, services and

viii) In pursuit of achieving national objectives like better education and

ix) The process of submission of applications for loans, sanction,

The various innovative schemes/card products are:

 Star Composite Cash Credit (CCC):

 Kinas Credit Card (KCC)

 Kisan Gold Card (KGC)

 Star Kisan Samadhan Card (KSC)

 Star Bhoomiheen Kisan Card (BKC);

State Bank Bhavan, Nariman Point, Mumbai

Revenue ₹406,973 crore (US$51 billion) (2022)

Capital ratio Tier 1 11.03% (2022)

Stamp dedicated to the State Bank of India in 2005

Share of the Bank of Bengal, issued 13 May 1876

National Institute of Design, Ahmedabad designed the SBI logo in 1971.

On 7 October 2013, Arundhati Bhattacharya became the first woman to be appointed

Administrative Offices and Branches

Samriddhi Bhavan, Kolkata

Main article: Nepal SBI Bank Limited

SBI South Africa

State Bank of India branch at Southall, United Kingdom

Main Branch of SBI in Mumbai

State Bank of India Mumbai LHO

 SBI Capital Markets Ltd

Other SBI service points

Yes Bank Investment

Listings and shareholding

Types of Agricultural Loan from SBI

Interest Rate 7% p.a. (simple interest)*

Eligibility for KCC Scheme :

 All farmers and joint cultivators

Agri Gold Loan for Crop Production

Key Features and Benefits:

 These loans can be availed by pledging gold ornaments.

Eligibility for Agri Gold Loan for Crop Production:

 For interest subvention, the borrower should be engaged in agricultural activities.

 Application form, duly filled

Key Features and Benefits:

 Low interest rates.

Interest Rate 9.95% p.a.

 Application form, duly filled

3. Farm Mechanization Loan

This includes four types of loan schemes:

 SSTL (Mortgage free)

Key Features and Benefits: