**Policy Summary:**
RBI Circular RBI20181915 FIDD.CO.Plan.BC 0704.09.01201819, dated July 12, 2018, addresses priority sector lending targets and classification, specifically concerning lending to non-corporate farmers. This circular, directed to all domestic scheduled commercial banks (excluding Regional Rural Banks and Small Finance Banks), provides the system-wide average of the last three years' achievement for overall direct lending to non-corporate farmers. The applicable system-wide average figure for computing achievement under priority sector lending for FY 2018-19 is 11.99 percent. This circular is issued by the Financial Inclusion and Development Department, Central Office, Reserve Bank of India. For further information, contact Gautam Prasad Borah, Chief General Manager-in-Charge, at Tel No.: 91-22-22601000 / 22621011 / 22610948 / 22610943 or via email at cgmincfidd@rbi.org.in. The Central Office is located at 10th Floor, Central Office Building, Shahid Bhagat Singh Marg, P.Box No.10014, Mumbai 400 001. The circular references Circular No. FIDD.CO.Plan.BC.0804.09.01201516 dated July 16, 2015.
Key Entities Referenced
Reserve Bank of India: The central bank of India, referred to here as RBI, the issuing authority of the circular.
Priority Sector Lending: A scheme by Reserve Bank of India (RBI) to ensure that banks provide credit to important sectors of the economy which may not get adequate funding otherwise.
Domestic Scheduled Commercial Banks: Banks in India that are listed in the Second Schedule to the Reserve Bank of India Act, 1934, excluding Regional Rural Banks and Small Finance Banks.
Regional Rural Banks: Regional Rural Banks (RRBs) are financial institutions in India that operate at the regional level to provide banking and financial services to rural areas.
Small Finance Banks: Small Finance Banks are a type of bank in India that cater to the financial needs of small businesses, marginal farmers, and other unserved and underserved sections of the population.
non-corporate farmers: Farmers who are individuals or part of informal groups, as opposed to registered companies or organizations.
Financial Inclusion and Development Department: A department of the Reserve Bank of India.
Mumbai, Maharashtra: The city in India where the central office of the Financial Inclusion and Development Department of RBI is located.
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
�वत्तीय समावेशनऔर �वकास �वभाग,क�द्र�य कायार्लय, 10वीं मंिज़ल,क�द्र�य कायार्लय �बिल्डगं ,शह�द भगत �सहं माग,र्पो.बा.स.ं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
चेतावनी : 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।
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