Loan recovery management in primary co-operative agricultural and rural development banks in Kerala (Record no. 27187)
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000 -LEADER | |
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fixed length control field | 04788nam a2200181Ia 4500 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20220305110904.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 140128s9999 xx 000 0 und d |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 332 |
Item number | REN/LO |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Renjitha N T |
245 ## - TITLE STATEMENT | |
Title | Loan recovery management in primary co-operative agricultural and rural development banks in Kerala |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc. | Vellanikkara |
Name of publisher, distributor, etc. | Department of Rural Banking and Finance Management, College of Co-operation Banking and Management |
Date of publication, distribution, etc. | 2004 |
502 ## - DISSERTATION NOTE | |
Degree type | MSc |
520 3# - SUMMARY, ETC. | |
Summary, etc. | The study entitled "Loan Recovery Management in Primary Co-operative Agricultural and Rural Development Banks in Kerala" was conducted to examine the effectiveness of the existing loan recovery management of Primary Co-operative Agricultural and Rural Development Banks in Kerala and to identify the factors influencing recovery. The study was conducted among four PCARDBs of Ernakulam and Thrissur district viz., Kanayannur CARDB (B 1), Ernakulam CARDB (B2), Cochin CARDB (B3) and Irinjalakuda CARDB (B4). The sample size included 80 respondents i.e., 20 borrowers from each bank at random, of which 15 were defaulters and five were non-defaulters or prompt repayers. Ten officials (including secretaries and BODs) from each bank were also interviewed to collect information on the effectiveness of the loan recovery system of the banks. Secondary data on selected performance indicators of the banks were also used for the study. Statistical tools like AAGR, simple averages, percentages, simple growth rate, simple correlation, efficiency index, priority index and bi-variate tables were used for the analysis. The analysis on the overdue amount of the selected PCARDBs, revealed that Cochin CARDB (B3) had the highest amount of overdues among all the banks, , during the reference period. Profits of all banks have eroded due to provisronmg for accumulated overdues. B4 has shown the best performance in terms of lower overdues and higher profitswhen compared to the other banks. An increase in the demand for nOI1- agricultural loans, particularly RHLs was found, which indicates a shift in the lending pattern. Overdues above four years were growing tremendously in all the banks. Most of the females were found to be prompt repayers. Inspite of having better education, the borrowers were creating huge overdues. This indicates the existence of wilful defaulters. The study found that the defaulters of all t11:;: banks except B4, having annual income above the subsistence level had higher am aunt of overdues, This highlights the fact that, even after having sufficient income, they were deliberately making dues as a result of the inefficient loan recovery management of the bank. The study revealed that procedural delays, lack of adequate securities to hypothecate, misutilisation of loans and inadequate income restricted the borrowers from getting timely loans. It was further observed that defective loaning policy, conspicuous consumption, and illness of family members as well as hope for 10a11 write-off policy were the other reasons behind non-repayment by borrowers. Misutilisation of loan amount was least in B4, which indicates the presence of effective supervision and monitoring mechanism in the bank. Loan amount was mainly diverted for meeting ceremonial expenses, consumption needs and educational expenses of children. The most serious problem in obtaining loam was revealed to be the procedural delay. From the inter-bank comparison on the effectiveness of the present loan recovery management system, it was found that B4 showed an outstanding performance in this regard, whereas B3 revealed to be the least efficient bank. According to the officials and employees of the banks, the reasons for poor recovery included lack of modern management techniques, lack of adequate staff training programmes, lack of infrastructural facilities and inefficiency of the legal machinery for recovering dues from borrowers. As a remedial measure to minimise overdues, coercive action against wilful defaulters and incentives for proper repayment must come into effect. For checking the rising trend of over dues in future, an effective loan appraisal as well as loan monitoring cell managed by professionals has to be established in each bank. The banks must put into effect the SARF AESI Ad, 2002 in order to bring a solution to the problem of overdues. The banks must therefore perceive that prolonged existence of this disease is not beneficial to the organisation and a strong mechanism to check this menace has to be created. |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Lizy M A (Guide) |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | https://krishikosh.egranth.ac.in/handle/1/5810106130 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | |
Koha item type | Theses |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent Location | Current Location | Shelving location | Date acquired | Full call number | Barcode | Date last seen | Price effective from | Koha item type |
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KAU Central Library, Thrissur | KAU Central Library, Thrissur | Theses | 2014-03-18 | 332 REN/LO | 172246 | 2014-03-18 | 2014-03-18 | Theses |