Financing and Marketing Management

Unit 5 - Role of NABARD in fisheries development

5.10. Commercial Banks
The availability of funds from the commercial banks to the fishing industry can be divided into medium and short-term finances
State Bank of India
SBI has started self-liquidation financing scheme. The SBI scheme (locally known as The Ratnagiri Scheme) is one of the most popular schemes of SBI.
Other commercial banks
The rapid progress made by SBI induced other commercial banks also, particularly in Cochin and Bombay area. Unlike SBI these banks do not have any standard self-liquidating financing scheme but rely mainly on collateral vessel and personnel securities, comparative personal securities, comparative merits of the projects and credit of the borrowers.