RBI/2016-17/55
FIDD.CO.Plan.BC.14/ 04.09.01/2016-17
September
1, 2016
The Chairman/ Managing Director
Chief Executive Officer
[All Domestic Scheduled Commercial Banks
(excluding Regional Rural Banks)]
Dear Sir/ Madam,
Priority Sector Lending -
Targets and Classification: Lending to non-corporate farmers – System wide
average of last three years
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 in due course, and
thereafter at the beginning of each year.
2. In this regard, the
applicable system wide average figure for computing achievement under
priority sector lending for the FY 2016-17 is 11.70 percent.
Yours faithfully,
(A Udgata)
Principal Chief General Manager
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