Open AccessImpact of cash in hand in the total priority sector lending: an empirical assessment
Author(s) -
Achmad Husaini,
Maria Katje Tupamahu,
Rulinawaty Rulinawaty,
Bibhu Prasad Sahoo,
Rahul Chauhan
Publication year - 2021
Publication title -
linguistics and culture review
Language(s) - English
Resource type - Journals
ISSN - 2690-103X
DOI - 10.21744/lingcure.v5ns3.1364
Subject(s) - cash , agriculture , business , economic sector , scale (ratio) , government (linguistics) , finance , financial system , economic growth , economics , geography , economy , linguistics , philosophy , cartography , archaeology
As a major lending institution, nationalized banks in India have the major responsibilities for achieving the government's socio-economic objectives like growth in agriculture, education, small scale sector, and housing in the backward area. This is because, in emergent countries like India, the availability of funds for the above priority sectors is scarce. Hence, in this paper, we aim to see any impact of cash in hand on lending to the priority sector. The article analyzes secondary data of 12 years periods starting from 1st April 2006 to 31st March 2018 (total span of 12 years). The outcome indicates nationalized bank's ability to generate priority sector loans is checked by the availability of cash in hand.