000 01694nam a2200181Ia 4500
999 _c2014
_d2014
005 20220517164620.0
008 200202s9999 xx 000 0 und d
082 _a332.71 GHA
100 _aGhatak, S.
245 0 _aRural money market in India
260 _aCalcutta
260 _bAsia
260 _c1955
300 _a230 p.
520 _aA well developed money market may figure crucially in the promotion of economic development by allocating saving into investment in a competitive way as well as by promoting safety and liquidity of financial assets. The Indian rural money market is distinguished by its duality with its organised and unorganised sectors, with different business practices and rates of interest. The organised sector consists of the commercial and co-operative banks and government agencies and the unorganised sector chiefly consists of money-lenders and indigenous bankers of different types, landlords, traders and merchants. Specialisation has developed between these sectors and funds sometimes flow between them but their links with one another seems very weak. Against this back ground, the chief aims of the present study are: (a) to investigate the nature, composition and working of the organised and unorganised money markets in the Indian rural economy: (b) to examine the factors affecting the demand side of agri cultural credit; (c) to analyse the nature and determinants of rural interest rates; (d) to discuss the workings of the major organised agencies; (e) to specify the existing links between the dual money markets and to derive any policy implications which may emerge from our study.
650 _aMoney India
942 _cB
_2ddc