The study revealed that State Cooperative Banks (SCB) were first to launch the KCC scheme, based on the model scheme circulated by NABARD in August 1998. Based on the instructions of SCB, District Central Cooperative Banks (DCCBs) introduced the scheme. Co-operative banks were followed by RRBs and commercial banks. The RRBs had launched the 137 scheme with effect from the year 1998-99 and had formulated their guidelines on the basis of the model scheme circulated by NABARD in August 1998. Commercial Banks had launched the Scheme based on the model scheme circulated by Reserve Bank of India in August 1998. NABARD played a proactive and catalytic role in assisting the banks to meet challenges as also in implementing the KCC scheme. The model scheme on KCC scheme formulated by NABARD was circulated among all banks.