Question

What is the major source of credit im rural areas

Answer 1

In other words, institutional sources meet about 80% of the rural credit needs. The four major sources ofinstitutional credit are co-operatives,commercial banks, regional rural banks and government departments.

Answer 2

The major source of credit in rural areas is the informal sector i.e.,landowners, moneylenders, friends, relatives, etc.

#hOpe iT helPs ^_^