(a) whether the lending norms are relaxed even to RRBs at par with nationalized banks;
(b) if so, the details thereof;
(c) whether they are also switched over to
if investment portfolio; and
(d) If so, the proportions of their investments, priority sector tending, agriculture,
lending and other sector as compared to nationalized banks ?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL) :
(a) and (b) As per extant guidelines of Reserve Bank of India (RBI), Regional Rural Banks
(RRBs) are required to lend 40% of their outstanding advances to priority sector with a
sub target of 10% to the weaker sections as in the case of Commerical Banks.
(c) and (d) The comparative investments and advances to priority sector as well as to
agriculture made by public sector banks and RRBs are given in the inclosed Statement.