How can the banking sector promote and expand itself in rural sector?

Change the approach from being lenders to building up relationship with borrowers Learn the art of coercion Give time to rural household to understand the relevance of banking sector in development All of the above

Change the approach from being lenders to building up relationship with borrowers

In order to improve the situation of banking sector in rural India, it is suggested that banks need to change their approach from just being lenders to building up relationship with the borrowers. Apart from that all the adults should be encouraged to open bank accounts as a part of a scheme known as Jan Dhan Yojana.