December 13, 2004

Dear Sir/ Madam,

As you are aware, the scheduled commercial banks are required to achieve a target of 18 per cent of net bank credit (NBC) towards lending to agriculture. The Government of India has decided to monitor/review the progress made in this regard on a monthly basis.

2. Accordingly, in order to enable us to provide the progress reports to Government of India, you are advised to furnish data on lending to agriculture on a monthly basis (as on the last reporting Friday of each month) to us, commencing from November 2004, in the enclosed format on or before the seventh day of the following month to which the data pertains.

3. You are also advised to take appropriate steps to increase the flow of credit to agriculture sector so that the stipulated target is achieved by the end of the year 2004-05.

4. Please acknowledge receipt.

Yours faithfully,

NAME OF THE BANK:

(AMOUNT IN RS. CRORE)

                                                                                                                                                           Amount Outstanding

                                                                                                                                                                                 -------------------------------------------------

1. Net Bank Credit:
2. Total Agricultural Credit:

1. Direct agricultural credit:
2. Indirect agricultural credit: