priority sectors news
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UCBs can grant unsecured loans up to 25% of assests
Mumbai :: India | 1 month ago
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To promote lending to priority sectors, the Reserve Bank today allowed urban co-operative banks (UCBs) to grant unsecured loans up to 25 per cent of their assets if certain conditions are met. "In order to promote lending to priority sectors and to
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Priority sector lending to fall short of target in Tirupur
Mumbai :: India | 4 months ago
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Tirupur, January 12, 2013 Power crisis hits hard industry and agriculture sector Lending to priority sectors is sluggish in Tirupur district, owing to poor off-take of credit in textile and farm sectors, and the figures are looking poised to fall
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RBI amends priority sector lending norms
Mumbai :: India | 7 months ago
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The Reserve Bank has expanded the priority sector lending in agriculture, housing and small and medium enterprises to widen the scope loans to these sectors. "...discussions were held with CMD/CEOs of select banks and also with priority sector heads
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AP credit plan for FY13 to focus on agriculture
Hyderabad :: India | 11 months ago
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A Rs 1,10,945 crore annual credit plan for the 2012-13 fiscal with a targeted lending of Rs 82,167 crore to the priority sector, including Rs 52,972 crore for agriculture and allied activities, was released by the state government here today...While
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Rs 1,312 cr disbursed to set up 46578 IGUs in Srinagar
Srīnagar :: India | 12 months ago
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They said, under priority sector, loans of Rs 776 cr were sanctioned while under non-priority sector Rs 545 cr were disbursed. Similarly, under various government sponsored schemes Rs 29.38 cr were disbursed for establishing 1948 units in last fiscal
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Finmin set to hike agriculture lending target
New Delhi :: India | 1 year ago
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The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector. In the last budget, the government had increased the target to 4.75
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FinMin against stretching list of priority sectors
New Delhi :: India | over 1 year ago
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The finance ministry is opposing a Reserve Bank of India suggestion to widen the list of sectors eligible for priority sector lending. The Reserve Bank's draft report submitted to the ministry for its comments last week has also recommended that some
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Loans still for the asking
Mumbai :: India | over 1 year ago
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January 18, 2012 Though banks see education as a priority sector for loans, analysts fear rupee depreciation could queer the pitch. Loans may be getting dearer for several categories of people, but students need not worry as they are still the
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NABARD fixes Rs 82,023 crore credit for Punjab
Chandīgarh :: India | over 1 year ago
Credibility
Punjab's credit potential at Rs 82,023.32 crore for 2012-13, up by 20 per cent over the previous fiscal. Chief General Manager Krishan Jindal said out of the total priority sector projections of Rs 82,023.32 crore, major share is of crop loan at Rs
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Enhancing credit access to empower women
Thimphu :: Bhutan | over 1 year ago
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The forum was part of the project on advancing economic opportunities for women funded by the Japan Fund for Poverty Reduction through Asian Development Bank. Opening the forum on Monday, Nidup Tshering, the consulting project manager, said new
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