What meant by rural banking? 3 or 4 marker question
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Rural Bank can be defined as rural financial institution/ cooperative/ community bank or deposit taking MFI that provides customised financial services to rural communities. BUDGET. Budget is a projection of the income and expenditure from business activities of an institution in for a set time period.
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It is the form of a service that provide solution to the financial needs of the consumers in rural area..
Government of India promoted regional rural banks through the RRB's act of 1976 to bridge the gap in the flow of credit of rural poor..
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