Importance of Information and Communication Technology in Priority sector lending (A case study on Kumaun region)

Inclusive growth is only possible through proper channelizing the resources, This research paper focuses the importance of Information and communication technology for widespread the priority sector lending scheme(PSL). Kumaun region basically focus the small farmers and micro entrepreneur who require well-built connectivity with financial institution for availing the scheme accessible by government for their expansion. Convenience sampling is used to appraise the ICT model as the borrowers prefers public sector banks because they offer various lending schemes and discount on interest rate to preceding borrowers. This paper is an attempt to discuss the role of RBI and commercial banks in providing financial services to rural India.