International Journal of Research in Management, Economics & Commerce (Impact Factor: 4.604, ISSN 2250-057X, Volume 5 Issue 3, March 2015) Website: www.indusedu.org LENDING POLICIES OF DINDIGUL DISTRICT CENTRAL CO-OPERATIVE BANK LIMITED IN TAMILNADU, INDIA - A VIEW N. Selvaraj Assistant Professor of Commerce, Saraswathi Narayanan College, Madurai, Tamilnadu, India ABSTRACT Agriculture occupies a dominant position in the Indian economy. The well being of the people of India largely depends on the progress of agriculture. The co-operative credit has been recognised as the hope of the farmers to provide the basis of prosperity and the opportunity to meet the demand for funds. In the absence of adequate financial help, the farmers and agricultural labours are the ready victims of money lenders and indigenous bankers who charge exorbitant rates of interest. The Co-operative Banks are institutions established with the objectives to facilitate rural credit and to promote thrift and self help among the economically weaker sections of the society. So it is suggested to utilize the resources in more effective manner and also have a continuous profit planning to increase its profitability. To reduce overdues a large number of field staff is to be engaged for collection of dues. Keyword: co-operative credit, overdue, Co-efficient of variation, Co-operative Banks and lending. E-mail id:-
[email protected] Page 1 International Journal of Research in Management, Economics & Commerce (Impact Factor: 4.604, ISSN 2250-057X, Volume 5 Issue 3, March 2015) Website: www.indusedu.org INTRODUCTION “Co-operative movement is one of the most fruitful ways of enlisting public co-operation on a mass scale in our planning and reconstruction activity” V.V.