For growth of Indian economy there is necessity of fulfillment of credit needs and mobilization of funds and need to offer credit facility to the people. Reserve Bank of India has taken program in progress by introducing lead bank scheme in 1969. The main aim behind it was to provide credit to rural area for growth of businesses, agricultural activity and consequently financial development of that area. The lead bank prepared District Credit Plans for a period of three years and also Annual Credit Plan every year. The Lead Bank for Ahmednagar District is Central Bank of India. The research study includes study of sector wise credit allocation in Ahmednagar district for the year 2010-11 to 2014-15.
Keywords
Lead, Bank, District, Credit, Plan.
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