Banks in Dakshina Kannada lagging behind in lending to priority sector

Mangalore | Tuesday | 25th September, 2018

Summary:

He also questioned the banks for lagging behind in lending to other priority sector which was only at 6.78 % of the total annual target. The total advances, both to priority sector and non-priority sector, stood at 28.72 % of the annual target. more-inThe poor performance of banks in lending to priority sector in Dakshina Kannada, known as the cradle of banking, in the first quarter of the current financial year came to the fore at a meeting here on Monday. Disbursement to MSME sector stood at 23.69 % of the total target. Disbursement to agriculture sector, a priority one, stood at 19.82 % of the annual target..