This is a follow-up study of a research conduced i41968. Significant socioeconomic structural hang" in the field of rural credit took place over time. The institutional sources of credit have replaced the noninstitutional lenders to a greater extent. The amount of credit received in real terms, however, did not increase. The bulk of the institutional credit has been appropriated by large farmers as observed in 1968. Significant overlapping of loan cases have been observed due to involvement of various agencies in agricultural credit. The pattern of loan utilization registered significant improvement over time. The study recommends for extending the lead bank system to all the farm credit programmes of the country with a view to avoiding overlapping of loan cases.