Browsing by Author "Raghavan, Aishvarya"

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    A study on Dena KCC (RuPay KCC) : NABARD
    (MICA, 2016) Raghavan, Aishvarya; Majumdar, Nandan; Navani , Satija; Joshi, Pushkar; Bhattacharya, Rupsha; Das, Sreshtha
    The KCC was launched because several hurdles are faced by farmers in the process of acquiring adequate finance from banks, such as: long drawn-out documentation and processing, complicated practices followed by banks and other financial institutions, delay in processing and also lack of awareness among farmers regarding banking practices and benefit. Non-institutional credit is costly and counter-productive. Traditionally, farmers were able to withdraw the loan amount in form of cash withdrawals using withdrawal slips and the Kisan credit card-cum-passbook. Regional Rural Banks, Cooperative Banks and Public Sector Commercial Banks in association with NABARD have implemented the Kisan Credit Card scheme. Other features of the KCC cards,