Friday, March 8, 2013

Public sector banks pay lip service to priority sector: study

Several public sector banks have not abided by the Reserved Bank of India’s (RBI) norm of extending 40 per cent of advances to the priority sector for the 2011-12 period. These were the findings of the State Focus Paper brought out by the National Bank for Agriculture and Rural Development (NABARD), Bangalore, for the 12th Five-Year Plan................

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