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What factors hinder growth of rural banks in the world?
Profitability is the biggest factor that would hinder the growth of rural banks. Rural banks operate in villages and rural areas of a country. The number of customers and the kind of services that are offered in rural banks are significantly lesser than regular banks. Banks cannot charge any fee because rural customers wouldn't want to pay any fee to operate bank accounts and may not deposit much money either. So, the banks cant make much profits through their rural branches. So, banks may not be motivated much to open or operate such branches.
What are the point wise functions of a Rural Bank?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.Some disadvantages of rural banking are:Profits are much lesserRevenues are much lesserNumber of customers are lesserThe types of services provided are much lesserAll these are with respect to banking services provided by banks in cities.
What are the main functions of nationalised banks?
The functions of nationalized and private banks don't differ much. Except for the fact that nationalized banks are owned by the government, they do exactly the same thing private banks do. One difference I can think of is that, they operate in rural areas where private banks don't see any profitability to operate. They may help provide financial services to rural people.
How much of Mexico's population is rural?
Approximately 25% of Mexico's population live in rural areas.
What is tele-radiology and how it is helping improving rural health care in India?
Tele-radiology is a technology that allows rural people to have radiological testing in rural areas and the results are read by doctors in urban areas with much better access to technology. This is improving rural health care in India by allowing rural areas the same access to excellent doctors that are found in urban areas.
Is Wales multicultural?
yes especially in the industrial areas, not so much in the more remote rural areas
What is different between urban and rural life?
I don't live in either one but I have to say that I have been to both and I prefer the rural area much more than the urban. The countryside has much cleaner air. I could just smell the difference! The pace of life in rural areas seem to go much slower because there isn't a rush to do every single little task. I also love the rural areas because if you grow up there you won't be spoiled by all the T.V.s, computers, and calculators which makes you do everything by hand making you smarter! I hope you like rural areas more then urban areas as much as I do now!
What are the disadvantages of rural banking?
Some disadvantages of rural banking are:Profits are much lesserRevenues are much lesserNumber of customers are lesserThe types of services provided are much lesserAll these are with respect to banking services provided by banks in cities.
How much of Norway is rural?
without any scientific research I would guess that around 97% of Norway's landmass is rural areas.
Did Rhode Island have many big cities or was it mostly rural?
Rhode Island is the smallest state in the U.S. and has a relatively high population density, but it lacks large cities. The capital, Providence, is the largest city, followed by a few smaller urban areas. Overall, much of Rhode Island consists of suburban and rural areas, with a mix of coastal towns and agricultural land.
How much of Malawi's population lives in rural areas?
Approximately 80% of Malawi's population lives in rural areas. This high percentage reflects the country's reliance on agriculture and traditional lifestyles, as many rural communities engage in subsistence farming. The rural population faces challenges such as limited access to healthcare, education, and infrastructure compared to urban areas.
Why is the risk of being burgled in rural areas lower?
In rural areas the social fabric of the community tends to be much tighter than in more urban areas and people are far more likely to know their neighbors and local townspeople, including the 'bad guys,' - not to mention the fact that most persons living in rural areas possess firearms.
