finance analysis

May 19th, 2015
Studypool Tutor
Adelphi University
Price: $20 USD

Tutor description

Lead Bank Scheme (LBS) was introduced in 1969, based on the recommendations of the Gadgil Study Group. The basic idea was to have an “area approach” for targeted and focused banking.

Word Count: 1098
Showing Page: 1/16
Agricultural finance IIABM502 lecture 7Introduction of Lead Bank SchemeLead Bank Scheme (LBS) was introduced in 1969,based on the recommendations of the GadgilStudy Group. The basic idea was to have anarea approach for targeted and focusedbanking.The bankers committee, headed by F. S.Nariman, concluded that districts would be theunits for area approach and each districtcould be allotted to a particular bank whichwill perform the role of a Lead Bank. 2009-2013 http://www.gktoday.inLead Bank SchemeThe RBI evolved Lead Bank Scheme with the followingmajor objectives: To identify suitable areas for branch expansionTo formulate a phased program for expanding thebranches to provide banking facilities to the areacoveredTo design financing scheme, which can help inmobilizing deposit and promoting investment amongthe local people.To earmark potential areas for promoting schemes foragricultural development and small scale industries,generating local entrepreneurship.Structure of lead bankschemeAllotment of districts:All the districts in the country except themetropolitan cities of Mumbai, Kolkata,Chennai and Union Territories ofChandigarh, Delhi and Goa were allottedamong public sector banks and a fewprivate sector banks. Later on, the UnionTerritories of Goa, Daman and Diu as alsothe rural areas of the Union Territories ofDelhi and Chandigarh have been broughtwithin the purview of LBS.District Con

Review from student

Studypool Student
" Top quality work from this guy! I'll be back! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1831 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors