differentiate between institutional and non institutional credit​ - Brainly.in (2024)

Answer:

Non institutional sources are the traditional sources of rural credit. they are relatives, money lenders, rich landlords, trade agents. they usually provide a high rate of interest.

Institutional Sources include NABARD, government, regional rural banks, self help groups, Land development banks, Commercial bank credit and cooperative credit. Their basic aim is to increase the yield of farmers by providing low rates of interest

Explanation:

differentiate between institutional and non institutional credit​ - Brainly.in (2024)
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