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Role of Banks in Development
Author : Tilakaratna, W. M.
Publisher: Central Bank of Ceylon
Place of Publish: Sri Lanka, Colombo
Year: 1983
Page Numbers: 9
Acc. No: 4668
Class No: 338.9 TIL-SL
Category: Books & Reports
Subjects: Development
Type of Resource: Monograph
Languages: English
Even after massive GDP growth, changes in governmental policy and growth of the Banking Sector, Sri Lanka's economy is still dominated by the rural sector, namely farmers, cottage industries, small industries and small businesses. For this reason, Tilakaratna argues that credit must be redirected to areas that show potential for growth and development. The Banking sector has the potential to be instrumental in the increasing of productivity and employment in the rural sector
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