Commercial banks falter in advancing crop loans

As many as 28 out of 41 commercial banks operating in the state have failed to achieve the 18 per cent lending target stipulated by the Reserve Bank of India (RBI) for the agricultural sector, by September end. Public sector lenders that have fallen short of the target include State Bank of India (15.01 per cent), Allahabad Bank (11 per cent), Andhra Bank (17.02 per cent), Bank of Baroda (15.43 per cent), Canara Bank (11.8 per cent), Central Bank of India (8.28 per cent), Oriental Bank of Commerce(2.1 per cent) and Punjab National Bank (17.87 per cent) among others........

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