What is the agricultural bank ?

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| Updated on March 23, 2023 | Education

What is the agricultural bank ?

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@pandeychandan1725 | Posted on March 22, 2023

An agricultural bank is a financial institution that specializes in providing financial services to farmers, ranchers, and other agricultural businesses. These services may include loans for the purchase of land, equipment, and supplies; lines of credit to help with operating expenses; and other financial products and services tailored to the unique needs of the agricultural industry.

Agricultural banks may be owned and operated by the government, or they may be privately owned and operated. Some countries have dedicated agricultural banks that are part of the national banking system, while in others, commercial banks may offer specialized agricultural lending services.

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Also Read :- What is the work of industrial development Bank of india (IDBI)?

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