KISAN CREDIT CARD : A VITAL TOOL FOR EMPOWERING

AGRICULTURE FINANCE
A project submitted in partial fulfillment of the requirement for the Degree of

Master of Commerce

By

Anupama Chakraborty

University Roll No. : 231606462146

Reg No. : KU2022025710

Session : 2022-24

Under The Supervision of

Dr. Md. Moazzam Nazri

PG Department of Commerce

Karim City College, Jamshedpur - 831001

 PG. Department of Commerce

Karim City College , Jamshedpur

CERTIFICATE

This project work titled KISAN CREDIT CARD: A Vital tool for Empowering Agriculture
Finance and bearing university roll no. 231606462146 , session 2022-24 and class of M.Com
semester 3 has been reviewed and is hereby accepted as a commendable study on the project
topic. The presentation is clear and well organized, effectively illustrating thekey findingd of
the topic, and thoroughly meets the academic standards for the degree it accompanies.

Name and Signature of Supervisor

Md. Moazzam Nazri

Date :

Signature of External Examiner

 Acknowledgement

I wish to extend my heartfelt gratitude and sincere appreciation to Dr Md. Moazzam

Nazri, my project supervisor, for his invaluable guidance, stimulating discussions, and
unwavering support throughout the duration of this project. His timely assistance,
insightful feedback, and dedicated efforts have been instrumental in shaping the content
of this work. I am equally grateful to our HOD, Dr. Md. Moazzam Nazri whose support
was invaluable during my project. I extend my thanks to all the faculty members of the
Commerce department whose direct or indirect contributions played a crucial role in
the successful completion of this project. Furthermore, I would like to express my
gratitude to our esteemed, Honourable Principal, Dr. Mohammad Reyaz, for being a
source of inspiration throughout this endeavour. Last but not least I feel pleasure and
privileged to fulfill my parents' ambition and I am greatly indebted to them for bearing
the inconvenience during my M. Com Course.

Name and signature of Student : Anupama Chakraborty

Class :

University Roll No : 231606462146

Session : 2022-24

Contact No : 7061047109
 CONTENTS
1.List of Abbreviations......................................................

2. List of Tables.................................................................

3. List of Figures.................................................................

4. ABSTRACT …………………………………………............................

5. Chapter 1- INTRODUCTION ………………………………………….

6.Chapter 2- LITERATURE REVIEW …………………………………

7. Chapter 3- METODOLOGYY ..........................................

8. Chapter 4 –Data Collection ........................................

9.Chapter 5- Data Analysis and Interpretation ……………………

10. Chapter6- CONCLUSION……………………………………………………

11.REFERENCE ……………………………………………………….....................
List of abbreviations
List of Tables
 ABSTRACT
The quantum of financial assistance to agriculture in India has improved manifold since the
financial reforms. The government along with RBI has introduced various schemes and
programs in order to channelize funds to rural areas of the country so that sufficient credit can
be provided to farmers. It also emphasized on the need for creative credit instruments to
support farmers and that gave birth to Kisan Credit Card Scheme. The scheme has been
started in the year 1998 on the recommendations of Shri R.V. Gupta committee. The Kisan
credit card scheme is a short-term credit facility in order to provide agriculture credit in
hassle free manner for production as well as consumption needs of the farmers. It facilitates
in providing financial assistance to the farmers to meet their credit needs in relation to
production, consumption as well as other allied activities throughout the year as and when
required. The current paper reviews the progress of Kisan credit card scheme in the country
since inception. The main objective was to examine the period wise and agency-wise
progress. The period of the study was from 1998-99 to 2012-13. The progress of KCC
scheme was evaluated in the terms of number of cards issued and amount sanctioned under
the scheme. The statistical techniques like mean, coefficient of variation and exponential
growth rate were used to analyze the progress of the scheme. The study showed growth of the
scheme in terms of number of cards issued and amount sanctioned during the study period. It
was also found that commercial banks were ahead of cooperative banks and regional rural
banks for cards issued and amount sanctioned under KCC scheme.
 Chapter 1

INTRODUCTION

Agriculture has been the basis of Indian economy where majority of the population of the
country either depends upon agriculture for their livelihood or are engaged in agriculture
occupation. Agriculture has been outpaced by the increasing technical and service sector
development in the country although it is still a major contributor to the gross domestic
product of the country. Over the period of time, the need of agriculture credit has also
increased which has given rise to formal and informal sectors of lending. The banking sector
reforms and nationalization of various banks gave rise to formal lending of credit to
agriculture. The government along with RBI has introduced various schemes and programs in
order to channelize the funds to rural areas of the country so that sufficient credit can be
provided to farmers. The structure of agriculture credit in India comprises commercial banks,
regional rural banks and cooperative banks. The scheme Kisan credit card was started in
August 1998 in order to provide timely and hassle free credit for the production requirements
of the farmers. The main purpose of the scheme was to meet the production as well as
consumption needs of the farmers. It facilitates in providing financial assistance to the
farmers to meet their credit needs in relation to production, consumption as well as other
allied activities throughout the year as and when required. Credit assistance is required by a
farmer for several purposes. This can be for the purpose of cultivation of the crops beginning
from making the land cultivable, followed by cultivating the land, sowing, nourishing the
crops, using fertilizers and pesticides etc. till the harvest of crops. The model for the scheme
was prepared by NABARD for issue of Kisan credit card with consultation of some major
banks and the scheme was circulated by RBI to be adopted by all the banks uniformly. The
main aim of the scheme was to seek the problems of farmers regarding inadequate, untimed,
uneconomic and shor- term credit needs. The scheme provides credit for crop production,
ancillary and non-farm activities as well as consumption needs. The scheme was
implemented throughout the country with effect from the year 1998-99.

Using the NABARD KCC scheme, the eligible farmers have been issued a Kisan Credit Card
or Pass Book. Within the prescribed limit, there can be any number of withdrawals and
repayments with the cash credit facility. In order to assess and fix the limit of a farmer, the
annual total production credit needs include other auxiliary activities in relation to crop
production. Within the due course, even the allied activities and short-term credit needs
pertaining to non-farming may also be covered. The limit of a farmer is set on the base of his
productive land holding, crop pattern and financial scales and the discretion in fixing these
sub- limits lies with the banks. The limit carries a validity period of three years and it is also a
subject to periodic review. The facility even allows re-scheduling or conversion of credit due
to loss to crops in case of natural disaster. On the other hand, the promotional and progressive
benefits i.e. incentive for good performance or enhancement of credit limit due to inflation or
changes in cropping pattern etc. are also given.

Objectives of the KCC Scheme :

The following are the main objectives of KCC Scheme.

1) To provide insurance coverage and financial support to the farmers in the event of failure
of crops as a result of natural calamities, pests and diseases.

2) To encourage farmers to adopt progressive farming practices, high value inputs and higher
technology in agriculture.

3) To help the stabilization of farm incomes, particularly during disaster years.

4) To support and stimulate primarily production of food crops and oil seeds.

Benefits of KCC Scheme :

The following are the benefits of KCC Scheme:

• KCC simplifies disbursement procedures.

• It removes rigidity regarding the supply of cash and credit.

• There is no need to apply for a loan for every crop under KCC .

• There is assured availability of credit at any time, enabling reduced interest burden for the
farmers.

• It helps 10 buy on cash-avail discount from dealers .

• KCC Scheme carries credit facility for 3 years - no need for seasonal appraisal .

• Any number of withdrawals is allowed subject to credit limit .

• The repayment of credit starts only after harvest

• The rate of interest is as applicable to agriculture advance

• The security, margin and documentation norms are the same as for agricultural advance

Eligibility for KCC:

 All farmers, regardless of their landholding size, are eligible for KCC.
 Open to owner-cultivators, tenant farmers, sharecroppers, and self-help groups
involved in agriculture or allied activities.
 Minimum age of 18 and a maximum of 75 years.

However, the credit limit sanctioned under the KCC scheme is contingent on factors like the
farmer's landholding size, cropping pattern, and income level.

Documents required for applying for KCC:

 Two passport-size photographs

 Proof of identity (Aadhaar card, voter ID, etc.)
 Proof of address (Aadhaar card, ration card, electricity bill, etc.)
 Proof of land ownership (land records, passbook, etc.)

Process of applying for KCC:

Applicants can apply for the Kisan Credit Card scheme through both offline and online
modes.

Farmers can submit KCC applications at any branch of a public sector bank or cooperative
bank.

The application form is available at the bank branch or can be downloaded from the bank's
website. After filling out the form, they need to submit the form at the bank with the required
documents.

After submitting the application form and necessary documents, the bank will process the
application and sanction the credit limit.

Apply for the KCC scheme online.

  Apply through the official website from where wish to apply for the KCC scheme.
 On the homepage, choose the Kisan Credit Card option and click on Apply.
 Redirected to the application page, where need to fill out the form with the required
details and submit it.

Cropping pattern details

India experiences three primary cropping seasons based on monsoon patterns:

Kharif Season:

Timing: Begins with the onset of the southwest monsoon, typically from June to September.

Crops Cultivated: Characterized by the sowing of water-intensive crops such as rice, maize,
millet, cotton, and soybeans.

Geographical Spread: Predominant in regions with high rainfall, including the northern
plains, eastern and western coastal areas, and parts of central India.

Rabi Season:

Timing: Follows the southwest monsoon, occurring from October to March.

Crops Cultivated: Involves the cultivation of crops requiring less water, such as wheat, barley,
oats, chickpeas, and mustard.

Geographical Spread: Grown in areas with adequate irrigation facilities, given the insufficient
monsoon rainfall for these crops.

Zaid Season:

Timing: A short duration between the Rabi and Kharif seasons, typically from March to June.

Crops Cultivated: Primarily comprises fruits and vegetables that can be grown in a short
period, including watermelon, muskmelon, cucumber, and some leafy vegetables.

Geographical Spread: Found in regions with suitable weather conditions and available
irrigation facilities.

These crop seasons are crucial for the agricultural economy of India, as they allow farmers to
cultivate a variety of crops throughout the year, taking advantage of different climatic
conditions. The success of each season depends on the timely arrival and distribution of
rainfall, as well as the availability of irrigation facilities. The diversity in crop cultivation
across these seasons helps minimize the risk associated with weather uncertainties and
contributes significantly to India's food security.

Crops Cultivated: Primarily comprises fruits and vegetables that can be grown in a short
period, including watermelon, muskmelon, cucumber, and some leafy vegetables.

Geographical Spread: Found in regions with suitable weather conditions and available
irrigation facilities.

These crop seasons are crucial for the agricultural economy of India, as they allow farmers to
cultivate a variety of crops throughout the year, taking advantage of different climatic
conditions. The success of each season depends on the timely arrival and distribution of
rainfall, as well as the availability of irrigation facilities. The diversity in crop cultivation
across these seasons helps minimize the risk associated with weather uncertainties and
contributes significantly to India's food security.

The farmer is provided with a Kisan Credit Card in the form of a passbook or an identity card
cum-passbook. The limit under KCC will cover (a) entire production credit needs for a full
year (based on peak crop credit requirement), (b) credit for ancillary activities related to crop
production and allied activities, (c) credit needs of non farm activities, if any and (d) a certain
percentage of production credit for consumption purposes. The KCC is to be valid for 3 years
subject to annual review by the financing bank. The KCC holder may make as many drawers
and repayments in the account as feasible. However, each drawl/disbursement is to be repaid
within 12 months. In case of damage to crops due to the occurrence of natural calamities,
conversion / re-scheduling of loans is also permissible. If a farmer cultivates the Kharif crop
and Rabi crop peak credit requirement will be the sum of the limits essential for the two
seasons as the costs of the Rabi crop would have started much before the kharif crops are
marketed. If a farmer has Kharif, Rabi, and Perennial crops then the peak credit requirement
will be arrived based on the projected cash flows from farming operations. The KCC has
driven rapid growth in agriculture and allied activities, meeting household consumption
needs.
 Chapter 2
LITERATURE REVIEW
Mehta et al. (2016) analyzed the role of kisan credit card scheme in the rural India. The
primary motive of the study was to analyze the role of Kisan credit card scheme and provide
suggestions thereof. It was observed that Kisan credit card was very effective popular tool of
rural credit to finance the requirements of farmers in judicious manner. It was suggested that
banks must make the process easy so that the farmers in poor performing zones can also get
benefit from the scheme as well.

Gandhimathi and Sumaiya (2015) evaluated the role of kisan credit card system in the
distribution of agricultural credit in the country. It was found that among the selected
variables, rural branches of commercial banks, aggregate deposits, agriculture production,
borrowing of commercial banks from Reserve Bank of India and the introduction of KCC
scheme were significant to determine financial inclusion. Further, it was observed that the
regression analysis and logit analysis proved that KCC improved the financial inclusion in
the agriculture sector.

Maurya (2015) studied the role of co-operative banks in agriculture in district Mohali
(Punjab) with the purpose to assess the impact of agriculture credit provided by co-operative
banks in the study area. Further, it also studied the attitude of borrowers and lending agents
towards farmers and assessed the impact of credit on assets, level of income, employment,
savings etc. The study was based on primary sample survey conducted on 120 beneficiary
farmers. The parameters used were utilization of land, amount of irrigation, cropping
strength, output model, cultural practices, input arrangement, farm incomes, employment
model, saving guide. It was found that almost all the parameters under the study had
significant impact on co-operative banks lending in one way or the other. But banks failed to
go long way to fulfill the credit requirements of the rural farmers. Further, it was also found
that there was increase and decrease in the rural farm credit by institutional and non
institutional agencies during the last five decades but the lending institutions faced many
problems such as over dues and defaults. It was recommended that instead of giving cheaper
credit, banks should also try to inculcate saving habit and monitoring arrangements and
controls should be tightened.
Bindage et al. (2014) studied the economic impact of kisan credit card scheme for sugarcane
crop in Kohlapur (Maharashtra). The main objective of the paper was to review the
development in the number of Kisan credit card consumers and examine the rate and
adequacy of loan under the scheme as compared to loan without KCC. For the purpose of
primary survey, data has been collected from 60 KCC users and 60 non KCC beneficiaries
selected randomly. The study has been conducted for the year 2010-11. The pre-tested and
structured schedule has been used to collect information regarding borrowings, repayment,
interest and cost of borrowing etc. Growth rate and tabular analyses had been employed in
order to study the growth of KCC users and compare cost and adequacy of credit covered
with KCC and those not covered with KCC. It was found that KCC users grew over the study
period but it faced a slowdown in last few years of the study. The cost of credit was higher for
credit not covered with KCC scheme. Further, the credit was found to be inadequate in both
cases credit under KCC scheme and credit not covered with KCC. It was recommended that
the banks should make efforts to encourage and educate the farmers about the benefits of
KCC scheme as well as maximize their reach to cover all the farmers.

Godara et al. (2014) analyzed the KCC scheme in the state of Haryana. The banks so selected
were state regional rural banks and state co-operative banks. The main objective was to study
the kisan credit card issued, sanctioned and disbursed by RRBs and state co-operative banks.
The compound annual growth rate was calculated to examine the performance. It was found
that the performance of regional rural banks was satisfactory as compared to co-operative
banks. Further, it was suggested to educate farmers about the scheme, banks should open
more branches and attention should be given to low performing regions and effective steps
should be taken by government to improve the performance of KCC scheme.

Patil (2014) evaluated the function of commercial banks in financial inclusion through KCC
scheme in India with the objective to analyze the bank group wise disbursement of kisan
credit cards and credit to holders. It was observed that all the bank groups had made good
contribution in financing poor farmers through Kisan credit card scheme. However, role of
commercial banks was more significant than other two groups. It was observed that co-
operative banks were facing problems due to political interference and wrong management. It
was suggested that the cooperative banks should be taken care of by reducing political
interference in order to motivate cooperative sector.
Laxyapathi (2013) evaluated the kisan credit card scheme in India and Karnataka in order to
analyse the development rate of Kisan credit card users and study the impact of Kisan credit
card on the production of the crops and income of the farmers. The respondents were
randomly selected and information was obtained by way of questionnaire. It was observed
that there was growth in the number of Kisan credit card users as new farmers were adopting
this scheme every year. Further, there was significant rise in the production of crops and as a
result, increasing yield leads towards increase in the income of farmers. It was suggested that
introduction of biometric cards, weather based crop insurance schemes, simplification of
procedure to obtain loan, initiatives by commercial banks as well as state governments,
innovative insurance products can make Kisan credit card scheme more farmer friendly and
efficient instrument of credit delivery.

Sharma et al. (2013) analysed the kisan credit card scheme among the beneficiary farmers
and also studied the impact of same in Sehore (Madhya Pradesh). The main objective of the
study was to review the adoption behavior of beneficiary farmers. 120 respondents were
selected randomly and data was collected through survey method. The adoption behavior was
measured in terms of borrowed amount, repayment pattern, income generation, gross income
from crops and utilization of credit etc. It was revealed that the attitude of the beneficiaries
was satisfactory towards Kisan credit card scheme. The short-term loan had positive impact
on the income generation, gross income from crops and productivity of crops. Further, the
borrowers were regular in repayment of the loan except few defaulters and all were utilizing
the credit for the production purpose only.

Thakur and Barman (2013) studied the basis of poor performance of disbursement and
recovery of loan under the Kisan credit card scheme in the state of Assam. For the purpose of
study, 150 farmers and 15 bank officials were randomly selected to take opinion on low
disbursement and poor recovery of KCC credit. The data was collected by using semi
structured open ended. It was found that lengthy paper work, weak recovery of loan,
unawareness, insufficient credit limit, lack of motivation from bank officials, timeliness of
credit and procedural difficulties for availing loans were the major reasons of poor
disbursement of Kisan credit cards. Poor awareness among farmers for loan utilization, casual
approach of bank follows up, weak government policy, misutilization of loan, involvement of
commission agents were found to be the main reasons for poor recovery of loans under Kisan
credit card scheme.
 Chapter 3

RESEARCH METHODOLOGY

For the purpose of the study, the period-wise and agency-wise progress have been studied.
The data has been taken for the financial years of 1998-99 to 2012-13. The progress has been
calculated by using mean, coefficient of variation and exponential growth rate and presented
in the form of tables. The data has been accumulated from various reports of NABARD and
publications of Reserve Bank of India. The agency-wise analysis has been done for
commercial banks, regional rural banks and co-operative banks providing Kisan credit card
scheme during the period.

Both secondary and primary data on KCC were used in the study. The secondary data on the
number of KCC issued, amount of loan sanctioned by institutions and by regions were
collected from various publications of NABARD [9], and [3]. The primary data were
collected from 60 KCC beneficiary farmers in the Jaipur district of Rajasthan in the year
2012-13. To make a comparison, data were also collected from 60 non-beneficiary farmers of
the district. The primary data were collected using pre-structured schedule on such aspects as
farm business, perception of farmers about the KCC scheme, etc. Factors affecting adoption
of KCC scheme were identified and constraints faced by the farmers. The biggest challenge is
the demand-supply gap in agricultural credit. Notwithstanding the expanded rural credit
network and growth in quantum of credit, the demand-supply gap has been widening. Rough
calculations show that during the period 2002/03 to 2007/08, when agricultural GDPgrew at
an average rate of around 3 per cent per annum, the demand-supply gap in total institutional
agricultural credit was estimated to be around 14 per cent (as a proportion of actual supply of
agricultural credit) Clearly, if agricultural sector had grown faster than 3 per cent, the
corresponding demand-supply gap in agricultural credit would have been much larger.
 Chapter 4

DATA COLLECTION

Table 1. Name of the Kisan Credit Card issued by banks in India

S.No. Name of the Banks Name of the Card

1. Allahabad bank Kisan credit card

2. Andhra bank AB Kisan green card

3. Bank of Barod BKCC

4. Bank of india Kisan samadhan card

5. Canara bank KCC

6. Corporation Bank KCC

7. Dena bank Kisan gold credit card

8. Oriental bank of commerce Oriental green card

9. Punjab National bank PNB krishi card

10. State bank of hyderabad KCC

11. State bank of india KCC

12. Syndicate bank SKCC

13. Vijaya bank Vijaya kisan card

Table 2. Gross Capital Formation (GCF) in Agriculture ( Rs. In Crore)

Ratio of GCF in Agriculture in (%)

GCF in Agriculture & Allied Total GDP in Agriculture Total GDP

Year
Activities & Allied activities
GCF

2005-06 86,611 7.3 14.57 2.66

2006-07 90,710 6.6 14.65 2.54

2007-08 1,05,034 16.03 16.03 2.69

2008-09 1,28,034 19.67 19.67 3.09

2009-10 1,33,377 20.30 20.30 2.97

 Table-3 Agency wise KCC Issued and Amount Sanctioned

Agency Number of Card issued (Rs in Lakh) Amount released and Sanctioned (Rs in
Crore)

2006- 2007- 2008 2009- Total 2006- 2007-08 2008- 2009 Total
07 08 -09 10 07 09 -10

Cooperative 22.97 20.91 13.44 12.17 373.6 13141 19991 8482 5241 13822
bank 9

RRB 14.06 17.73 14.15 11.02 125.7 7373 8783 5648 5512 49344

Commercial 48.08 46.06 58.34 8.45 379 26215 59530 39009 6657 19349
banks 7

Total 85.11 84.7 85.93 31.64 878.3 46729 88262 53085 1732 38107
9 0
 Analysis
Period-wise Progress of Kisan Credit Card Scheme

Kisan credit card scheme was brought in the budget speech made by Finance minister of
India for the year 1998-99 and was implemented in the same year. Since then, the scheme has
made rapid progress and upto March 2013, all the banks have issued 1285.82 lac cards in
various states throughout the country. The period-wise progress of KCC scheme has been
reviewed on the basis of selected indicators like number of kisan credit cards issued and
amount sanctioned. The mean value of number of cards issued by all the banks throughout
the country was 84.79 and mean value of amount sanctioned was Rs. 44,909.33 crore. The
number of cards issued was 7.84 lac in the year 1998-99 which increased to 129.82 lac in the
year 2012- 13 and registered a growth rate of 26.37 per cent during the period. The amount
sanctioned under the Kisan credit card scheme was Rs. 2310 crore in the year 1998-99 which
increased to Rs. 126280 crore in the year 2012-13 and registered a growth rate of 22.72 per
cent during the study period. The number of cards issued showed more consistency (36.66) as
compared to the amount sanctioned (73.28) during the period. Thus, the kisan credit card
scheme has shown growth during the period of study in terms of number of cards issued and
amount sanctioned under the scheme.

Agency-wise Progress of Kisan Credit Card Scheme :The Kisan credit card scheme has
been carried out by all the commercial banks, regional rural banks and co-operative banks
throughout the country.During the period 1998-99 to 2012-13, the mean value of number of
cards issued under Kisan credit card scheme in India was the highest in commercial banks
(42 lac) followed by co-operative banks (35.96 lac) and RRBs (12.73 lac). The growth rate of
number of kisan credit cards issued was found the highest in RRBs (22.84%) followed by
commercial banks (14.27%), while the co-operative banks showed a negative growth rate (-
2.67%). The number of cards issued by the commercial banks was 6.22 lac in the year 1998-
99 which increased to 82.43 lac in the year 2012-13. The proportion of commercial banks in
total number of cards issued decreased from 79.34 per cent in the year 1998-99 to 63.50 per
cent in the year 2012-13. The number of cards issued by RRBs was 0.06 lac in the year 1998-
99 which increased to 20.48 lac in the year 2012-13. The proportion of regional rural banks
increased from 0.77 per cent in the year 1998-99 to 15.78 per cent in the year 2012-13. The
number of cards issued by co-operative banks was 1.55 lac in the year 1998-99 which
increased to 26.91 lac in the year 2012-13. The proportion of co-operative banks in total
number of cards issued increased from 19.77 per cent in the year 1998-99 to 20.73 per cent in
the year 2012-13. The variation was the highest in RRBs (52.47) followed by commercial
banks (48.62) and co-operative banks (36.10) during the period of study.

The mean value of amount sanctioned was the highest in commercial banks (Rs. 26798.33
crore) followed by co-operative banks (Rs. 11941.2 crore) and RRBs (Rs. 6168.47 crore)
during the study period. The growth rate of amount sanctioned was the highest in RRBs
(38.93%) followed by commercial banks (28.86%) and co-operative banks (8.80%). The
amount sanctioned by commercial banks was Rs. 1473 crore in the year 1998-99 which
increased to Rs. 101090 crore in the year 2012-13. The proportion of commercial banks in
total amount sanctioned by various agencies under kisan credit card scheme increased from
63.77 per cent in the year 1998-99 to 80.05 per cent in the year 2012-13. Further, the amount
sanctioned by RRBs was Rs. 11 crore in the year 1998-99 and was Rs. 405 crore in the next
year which increased to Rs. 13260 crore in the year 2012-13. The proportion of regional rural
banks increased from 0.48 per cent in the year 1998-99 to 10.50 per cent in the year 2012-13.
The amount sanctioned by cooperative banks was Rs. 826 crore in the year 1998-99 which
increased to Rs.11920 crore in the year 2012-13. The proportion of co-operative banks in
total amount sanctioned was 35.76 per cent in the year 1998-99 which decreased to 9.44 per
cent in the year 2012-13. However, the variation was the highest in commercial banks
(104.63) followed by RRBs (72.09) and co-operative banks (45.70). The proportion of
commercial banks was the highest followed by regional rural banks and co-operative banks in
the total amount sanctioned by various agencies under kisan credit card scheme.