All India Rural Credit Review Committee ( AIRCRC )

• All India Rural Credit Review Committee (AIRCRC) appointed in July 1966

• AIRCRC appointed by RBI

• AIRCRC submitted report in 1969

• Chairman of AIRCRC was B Venkatappiah

Recommendations

1. Formation of Small Farmers Development Bank ( SFDB )
2. Agricultural Refinance Corporation
3. Agricultural Credit Board
4. Rural Electrification Corporation
5. Multi agency approach in rural credit
6. Promotion of animal husbandry and dairy