**Summary:**
RBI Circular RBI20171861 FIDD.CO.Plan.BC 1604.09.01201718, dated September 21, 2017, addresses priority sector lending targets and classification for lending to non-corporate farmers. It applies to all domestic scheduled commercial banks, excluding Regional Rural Banks and Small Finance Banks.
The circular specifies the system-wide average of the last three years' achievement regarding overall direct lending to non-corporate farmers, a metric used to compute achievement under priority sector lending. The applicable system-wide average figure for the financial year 2017-18 is 11.78 percent.
For further information, contact Uma Shankar, Principal Chief General Manager, Financial Inclusion and Development Department, Central Office, Reserve Bank of India, 10th Floor, Central Office Building, Shahid Bhagat Singh Marg, P.Box No.10014, Mumbai 400 001. Telephone: 912222601000; Fax: 912222621011/22610948/22610943; Email: cgmincfiddrbi.org.in.
Key Entities Referenced
Reserve Bank of India (RBI): The central bank of India, the issuer of this notification.
FIDD.CO.Plan.BC 1604.09.01: Reference number of the circular issued by RBI.
All Domestic Scheduled Commercial Banks excluding Regional Rural Banks Small Finance Banks: The entities to whom the circular is addressed.
Priority Sector Lending: A type of lending that banks are required to allocate a certain percentage of their lending to.
FIDD.CO.Plan.BC.0804.09.01: Reference number of a previous circular related to the same subject.
July 16, 2015: Date of the previous circular mentioned in the notification.
Financial Year 2017-18: The financial year for which the priority sector lending achievement is being computed.
Uma Shankar: Principal Chief General Manager at RBI, signatory of the circular.
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
�वत्तीय समावेशनऔर �वकास �वभाग,क�द्र�य कायार्लय, 10वीं मंिज़ल,क�द्र�य कायार्लय �बिल्डगं ,शह�द भगत �सहं माग,र्पो.बा.सं.10014,मुंबई 400 001
टेल�फोन:Tel No.: +912222601000/ फैक्स: +91-22-22621011/22610948/22610943 ईमेल: cgmincfidd@rbi.org.in
Financial Inclusion and Development Department, Central Office,10th Floor, Central Office Building, Shahid Bhagat Singh Marg, P.Box No.10014, Mumbai 400 001
�हदं � आसान है, इसका प्रयोग बढ़ाइए
चते ावनी : मेल�रज़व र्बक� द्वारा-डाक, एसएमएस या फोन कॉल के ज�रए �कसी क� भी व् यिक्तगत जानकार� जैसे बक� के खाते का ब् यौरा, पासवड र्आ�द नह�ं मांगी जाती है। यह धन
रखने या देने का प्रस् ताव भी नह�ं करता है। ऐसे प्रस् ताव� का �कसी भी तर�के से जवाब मत द�िजए।
Caution: RBI never sends mails, SMSs or makes calls asking for personal information like bank account details,
passwords, etc. It never keeps or offers funds to anyone. Please do not respond in any manner to such offers.