Vol. 3, Issue 7, Part I (2017)

Abstract
The Economic development of India depends directly or indirectly on the growth and development of banking sector. Agriculture is the backbone of Indian economy and accordingly the co-operative banks are also the backbones of agriculture. The co-operative movement in India started its journey at the end of the 19th century based on the success of the Co-operative credit movement in Karnataka. The Rural Cooperative Banks were the first formal institutions established to provide credit to rural India. The SCARDB and PCARDB were conceived as the objective for the meeting of the long-term credit which needs for our agriculture.