International Journal of Agriculture Extension and Social Development

author(s)
Jitendra Ojha

abstract
Regional Rural Banks (RRBs) were set up as state-sponsored, regionally based and rural oriented institutions under the Regional Rural Banks Act, 1976. The main aim or idea of establishing RRB is to meet credit needs of rural people. The objective to establish the RRB was To provide advances to small & marginal farmers, agricultural labourers & small entrepreneurs who are engaged in agricultural business. To provide loan facilities to Cooperative societies, which are engaged on services related to rural area including agriculture activities. To convert the rural savings (by accepting deposits) into the productive activities in rural areas by Using that money in agricultural activities. The share of the RRB in Ground level credit increases from 9.2 (2009-10) to 11.6 (2013-14). In relation to disburse the loan to small farmers and Marginal farmers the percentage share to total credit disbursed by RRB is 62.14.