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