RBI/2017-18/61
FIDD.CO.Plan.BC 16/04.09.01/2017-18
September
21, 2017
The Chairman/ Managing Director
Chief Executive Officer
[All Domestic Scheduled Commercial Banks
(excluding Regional Rural Banks &
Small Finance 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 2017-18 is 11.78 percent.
Yours faithfully,
(Uma Shankar)
Principal Chief General Manager
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