Free Demo Request

Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers – System wide average of last three years

RBI/2018-19/15
FIDD.CO.Plan.BC 07/04.09.01/2018-19

July 12, 2018

The Chairman/ Managing Director
Chief Executive Officer
[All Domestic Scheduled Commercial Banks
(excluding Regional Rural Banks and Small Finance Banks)]

Dear Sir/ Madam,

Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers – System wide average of last three years

Please refer to our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 advising that the system-wide average of the last three years achievement with regard to overall direct lending to non-corporate farmers will be notified in due course, and thereafter, at the beginning of each year.

2. In this connection, we advise that the applicable system wide average figure for computing achievement under priority sector lending for the FY 2018-19 is 11.99 percent.

Yours faithfully,

(Gautam Prasad Borah)
Chief General Manager-in-Charge

 


High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG
Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard