Role of Rural Banking in Rural Development

Quantitative Study

Open Access

Peer-reviewed

Role of Rural Banking in Rural Development

Dr. Paravin M Shaikh

DIP: 18.02.062/20251002

DOI: 10.25215/2455/1002062

Received: May 16, 2025; Revision Received: June 25, 2025; Accepted: June 30, 2025

Abstract

Banks working in rural areas. Our banking sector consists of three kinds of banks-State Owned Commercial Banks (SOBs), Private Commercial Banks, and Foreign Private Commercial Banks. Among them, Nationalized Commercial Banks and some other private banks and more particularly some specialized banks are operative in rural areas. Rural Banks have emerged as Key contribution to rural development in India. Through financial inclusion, credit accessibility, agricultural financing and empowerment of rural entrepreneurs. Rural banks are driving economic growth, reducing disparities and fostering a more inclusive society. These banks have successfully brought banking services to remote areas, provided credit facilities to underserved populations and supported the agricultural sector. By continuing to prioritize rural development.

Keywords

The author(s) appreciates all those who participated in the study and helped to facilitate the research process.

The author declared no conflict of interest.

This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.

Responding Author Information

Dr. Paravin M Shaikh @ parveenjangubhai@gmail.com

Role of Rural Banking in Rural Development

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Article Overview

ISSN 2455-670X

DIP: 18.02.062/20251002

DOI: 10.25215/2455/1002062

Published in

Volume 10 Issue 2, April – June, 2025

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