Financing Farming Operations of Somabhai Patel

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Abstract

A leading bank in Western India gave a loan of Rs.2,50,000 to a farmer. The first installment due was not paid according to the schedule the farmer made a request to the branch manager not to insist for immediate repayment. This matter was put up by the Head Office before the Board of Directors. The Board requested the Director-in-Charge for agricultural finance to visit the farm personally and report.

Additional Information

Product Type Case
Reference No. CMA0219
Title Financing Farming Operations of Somabhai Patel
Pages 9
Published on Sep 2, 1970
Year of Event 1966
Authors Desai, D K;
Area Centre for Management in Agriculture (CMA)
Discipline Economics, Finance, Operations Management
Sector Agriculture and Animal Husbandry, Banking Finance Insurance (BFI)
Keywords Banking
Country India

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