Contents Tables, Figures and Maps ix Acknowledgements xxix Introduction xxi Contributors xhi Financial Liberalization and Credit Policy PRABHAT PATNAIK 1 Financial Sector Reform and the Transformation of Banking C.P. CHANDRASEKHAR and SUJIT KUMAR RAY 12 Rural Credit and Systemic Risk AMIYA KUMAR BAGCHi 39 Regional, Sectoral and Functional Distribution of Bank Credit S.L. SHETTY 50 Banking Sector Liberalization, and the Growth and Regional Distribution of Rural Banking PALLAVl CHAVAN 110 Rural Cooperative Banks: Their Present Problems ABHIJIT SEN 137 Interest Rates on Micro-Credit PALLAVl CHAVAN and R. RAMAKUMAR 147 Financial Liberalization, Rural Credit and Landless Labour Households: Evidence from a Tamil Nadu Village, 1977,1985 and 1999 V.K. RAMACHANDRAN and MADHURA SWAMINATHAN 157 Viii CONTENTS Debt and Unfreedom among Landless Manual Workers in Rural Haryana VIKAS RAWAL and KEYA MUKHERJEE 178 Women's Self-Help Groups and Credit for the Poor: A Case Study from Andhra Pradesh SMRITI RAO 204 Rural Credit in an Underdeveloped Region: A Case Study of Jharkhand V.K. RAMACHANDRAN and V. SURJIT 238 Banking and Credit Relations in Rural West Bengal VIKAS RAWAL 279 Formal Credit and Rural Worker Households in Kerala: A Case Study of a Malabar Village R. RAMAKUMAR 326 Index 355