Critical Appraisal Of Rural Banking

As reported in various newspapers the Reserve Bank of India is planning to allow more and more banks to function as "Local Area Banks". This will help RBI in the implementation of which of the following of its plans/drives? A) financial Inclusion b) Rural Banking c) Mobile and e-banking

Rural Credit

Sources Of Rural Credit

A person staying in a small village having population of about 50,000. If he/she decides to take a loan of Rs. 25,000, most probably he/she has to visit a bank in his/her village which will be certainly A. Rural Bank B. A Nationalised Bank C. Foreign Bank