Impact Assessment of Bangladesh Bank’s Re-finance Scheme for Financing Agricultural and Non-Farm Rural Borrowers of Rajshahi Krishi Unnayan Bank

Abstract

Taking into account how crucial agriculture is to ensuring food security and in eradicating poverty by creating jobs, The re-finance program for RAKUB was launched by Bangladesh Bank (BB) with the intention of providing agricultural industries with credit facilities, specifically to increase. Since the country's freedom in 1971, BB has developed an annual policy and program for agricultural and rural lending while also giving RAKUB a significant amount of revolving credit to expand the reach of these types of loans. The decision-makers at the central bank felt compelled to investigate the program's outcomes through the execution of a thorough study to determine how agricultural and non-farm rural credit affect farming in multiple ways RAKUB borrowers and the establishment of suitable policy guidelines to improve the on going's overall efficiency. As this is happening, a large percentage of BB's re-finance monies from the aforementioned scheme are now past due with RAKUB.