The long-term trend in institutional agricultural credit revealed that over time, significant progress has been achieved in terms of scale. Agricultural credit as a 2/5  BIS central bankers' speeches  percentage to Agriculture GDP increased from 10% in 1970s to 52% by 2018, which shows that banks have made significant progress in lending to agriculture.
In India, scheduled commercial banks (79%) are the major players in supplying credit to agriculture sector followed by rural cooperative banks (15%), regional rural banks (5%) and micro finance institutions (1%). Small finance banks set up with the objective of deepening financial inclusion have started their operations recently.