Short note on commercial Bank
Commercial bank provide rural credit by establishing their Branches in the rural areas . The shares of commercial bank in rural credit was very meager till 1969. The All india Rural Credit Review Committee 1969 recommend multi agency approach to the rural and especially agricultural credit.Further, under the social control policy introduced in 1967 and subsequently the nationlization of 14 Major CBs in 2969( followed by the other six banks in 1980).