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vast sizes of forced lednings by RRBs and commercial banks immediately
during 2004-05 and 2005-06. RRBs expanded agricultural by 63.6% during
2004-05 followed by 22.7% the next year. Commercial banks increased by 55.4
and 54.0 during those two years. As ordained by the Government, RRBs and
commercial banks more than doubled their credit disbursements within three
years 2004-05 to 2006-07. The broad policy of accelerated credit growth has
continued even thereafter. RRBs and commercial banks together expanded
their agricultural credit base by 112% within three years 2004-05 to 2006-07
and by another 126% in the next five years 2006-07 to 2011-12. No doubt,
cooperative banks also participated in this process of rapid expansion in
agricultural credit, but due to lower resource base, their expansion has not
been as fast as in the case of commercial banks. Cooperative banks increased
their disbursements of 58.1% during the above first three years and by another
107% in the next five years.
Part B: Annual Growth Rates
Year
Co-operative
Banks
RRBs
Commercial
Banks
Commercial
Banks and RRBs
Total
1991-92
1992-93
61.7
39.4
3.2
7.2
35.4
1993-94
7.9
17.6
8.9
10.1
8.7
1994-95
-7.0
10.8
52.9
46.4
13.6
1995-96
11.4
27.5
23.2
23.7
17.5
1996-97
14.0
21.9
25.7
25.2
19.9
1997-98
17.9
21.1
23.8
23.5
21.0
1998-99
13.3
20.6
16.5
17.0
15.3
1999-00
14.4
28.9
34.1
33.5
25.5
2000-01
13.5
33.0
12.4
14.8
14.2
2001-02
13.5
15.0
20.8
20.0
17.4
2002-03
0.5
25.1
18.4
19.3
12.1
2003-04
13.7
24.9
31.8
30.9
25.0
2004-05
16.2
63.6
55.4
56.4
44.1
2005-06
26.2
22.7
54.0
49.9
44.0
2006-07
7.8
34.2
32.7
32.9
27.1
2007-08
13.6
23.9
8.8
10.4
11.0
2008-09
-4.7
5.7
26.4
23.9
18.6
2009-10
38.1
31.6
24.8
25.5
27.4
2010-11
22.9
25.8
21.0
21.5
21.8
2011-12
12.8
22.9
6.6
8.4
9.1
Part C: Average Growth Rates Per Annum
Year
Co-operative
Banks
RRBs
Commercial
Banks
Commercial
Banks and RRBs
Total
1991-92 to 1994-95
20.8
22.6
21.6
21.3
19.3
1994-95 to 2003-04
12.5
24.2
23.0
23.1
18.7
2003-04 to 2006-07
16.7
40.2
47.4
46.4
38.4
2006-07 to 2011-12
16.9
22.0
17.5
18.0
17.5
Source:
As in the text
