A Study on Financing of Agriculture by Banks in India with Special Reference to Bank of India and State Bank of India

The present study is descriptive and factual in nature and aims to assess the different types ofagricultural loans available to farmers in India. Agriculture has historically been the backbone of the Indianeconomy, contributing significantly to employment and Gross Domestic Product (GDP). However, the sectorfaces numerous challenges such as uncertain climatic conditions, fluctuating market prices, and rising inputcosts, which make access to institutional finance essential (Mohanty et al., 2021).The study concludes that Indian banks, particularly Bank of India and State Bank of India, offer a widerange of agricultural loan schemes tailored to the needs of farmers, Farmer Producer Organizations (FPOs),and agribusinesses. These schemes aim to promote productivity, sustainability, and financial inclusion in theagricultural sector.