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It was suggested that a system-wide average of the last three years acheivement regarding overall lending to non-corporate farmers will be notified at the beginning of each year.
It has now been decided that the average figure for FY 2015-16 would be 11.57%. Foreign Banks with more than 20 branches will be guided by their approved action plan.
It has now been decided that the average figure for FY 2015-16 would be 11.57%. Foreign Banks with more than 20 branches will be guided by their approved action plan.
Based on RBI
Circular dt 18/07/15. Please visit www.rbi.org.in for any further clarification
if required….. Poppy
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