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Abstract:
In India's ambitious pursuit of attaining developed nation status by 2047, the imperative for sustainable rural
economic development stands as a cornerstone, given the country's predominantly rural demographic. With
seventy percent of the population residing in rural areas, the advancement of this sector is not just desirable but
essential for India's overarching developmental goals and societal well-being. However, rural communities face a
significant obstacle in the form of limited access to capital, constraining their ability to engage in agriculture and
allied activities. To address this challenge, Regional Rural Banks (RRBs) were established in 1975. This study
delves into the deposit mobilization and loan disbursement patterns of RRBs from 2012-13 to 2021-22, using
data extracted from NABARD reports. Employing curve estimation and SPSS analysis, the study observes a
consistent upward trajectory in both deposits and loans, albeit with fluctuations in credit-deposit ratios. Notably,
loans directed towards the priority sector outstrip those towards non-priority sectors, aligning with directives
from the Reserve Bank of India (RBI). These findings underscore the vital role played by RRBs in facilitating
tural economic development and emphasize the significance of prioritizing access to credit in fostering
sustainable growth in rural communities.
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