Priority Sector Lending

Master Circular

on

Priority Sector Lending

(Updated upto 30 June, 2004)

(The Master Circular is also available at RBI Website www.rbi.org.in and may be downloaded from there)

RESERVE BANK OF INDIA

Urban Banks Department
Central Office, Mumbai

RBI/2004/ 12 BPD(PCB)MC. No. 1 /09.09.01/2004-05 July 2, 2004
Chief Executive Officers of
All Primary (Urban) Co-operative Banks

Dear Sir,

Master Circular on
Priority Sector Lending

Please refer to our Master Circular UBD.BPD(PCB)MC.No.6/09.09.01/2003-04 dated March 3, 2004 on the captioned subject (Available on RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all the instructions/guidelines on the subject upto June 30, 2004.
Yours faithfully,
( S.Karuppasamy)
Chief General Manager-in-Charge
Encl: As above.

Master Circular on
Priority Sector Lending

Contents
1 Lending Targets .. .. .. .. .. .. .. 1
2.Classification of Priority Sector and Weaker Section Advances .. .... 2
3. Flow of credit to SSI Industries .. .. .. .. .... 2
4. Flow of credit to Minority Communities .. .. .. .... 3
5. Monitoring and Evaluation of Priority Sector and Weaker Section Advances .... 3
6.Reporting Requirements .. .. .. .. .. .... 4
7. Register for priority sector/weaker section advances .. .... 4
• Annexure I .. .. .. .. .. .. .... 5
• Annexure II .. .. .. .. .. .. .. 14
• Annexure III .. .. .. .. .. .. .. 15
• Annexure IV .. .. .. .. .. .. .. 17
• Annexure V .. .. .. .. .. .. .. 26
• Annexure VI .. .. .. .. .. .. .. 29
• Appendix . .. .. .. .. .. .. 32

Master Circular on Priority Sector Lending
The need for primary (urban) co-operative bank (PCBs) for providing credit to priority sectors had been examined by the Standing Advisory Committee for PCBs constituted by Reserve bank of India in May 1983. The recommendations of the Committee were