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Does Banking Sector play an important role in Rural Development in India?

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Does Banking Sector play an important role in Rural Development in India?

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Banking Sector plays an important role in rural areas, there is no doubt in it, indeed anywhere banking sector leads its own role. that is the basic need of any human being for any kind of financial transaction, in current generation, it is mandatory…starts from farmer for his cultivation, seeking loans and repaying them, an employee to withdraw his salary, for students for their scholarships……etc., when it comes to comparison between past and present, can differentiate in terms of its usage such as no. of users, frequency, kind of operations and services it renders to its customers…..

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