Priority Sector Lending - Targets and Classification - ਆਰਬੀਆਈ - Reserve Bank of India
Priority Sector Lending - Targets and Classification
RBI/2015-16/241 November 18, 2015 The Chairman/ Managing Director Dear Sir/ Madam, Priority Sector Lending – Targets and Classification It was communicated vide our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 on the captioned subject, that the system-wide average of the last three years achievement with regard to overall direct lending to non-corporate farmers will be notified shortly, and henceforth at the beginning of each year. 2. It is hereby brought to the notice of all concerned that the applicable system wide average figures for computing achievements under priority sector lending for the FY 2015-16 is 11.57 percent. 3. The foreign banks with more than 20 branches will continue to be guided by their action plans as submitted by them and approved by RBI. Yours faithfully, (T V Rao) |