Priority Sector Targets - Lending to Non-Corporate Farmers – FY 2019-20

RBI/2019-20/63
FIDD.CO.Plan.BC.No.11/04.09.01/2019-20

September 19, 2019

The Chairman/ Managing Director
Chief Executive Officer
(All Scheduled Commercial Banks including Regional Rural Banks, Small Finance
Banks and Foreign banks with more than 20 branches)

Dear Sir/ Madam,

Priority Sector Targets - Lending to Non-Corporate Farmers – FY 2019-20

Please refer to our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 advising, inter alia, that the system-wide average of the last three years achievement with regard to overall direct lending to non-corporate farmers will be notified every year.

2. In this connection, we advise that the applicable system wide average figure for computing achievement under priority sector lending for the FY 2019-20 is 12.11 percent.

Yours faithfully,

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