Cooperative Rural Banking: Anad Shows the Growth-oriented Path

Abstract

Anad Farmers Service Cooperative Bank is an innovative bank in both the spirit of its cooperation and rural banking. This bank is also financially viable and growth-oriented. This paper by Bhupat M Desai and N V Namboodiri analyses how this bank could be successful under the same macro rural credit policies that governed most rural financial institutions. The paper also offers some suggestions on what macro rural credit policies may continue and which ones need modifications to extend the experiment of this bank.