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RBI/201516/53 FIND.CO. Plan.BC.04/04.09.01/201516July 1, 2015The Chairman / Managing Director/ Chief Executive Officer All Scheduled Commercial Banks, (excluding Regional Rural Banks) Dear Sir/ Madam,
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Master Circular on Priority Sector Lending-Targets is a comprehensive document issued by the Reserve Bank of India (RBI) that outlines the targets for priority sector lending for banks and financial institutions.
Banks and financial institutions in India are required to file the master circular-priority sector lending-targets as per the guidelines issued by the RBI.
Banks and financial institutions need to fill out the master circular-priority sector lending-targets by providing the necessary information on their lending activities to priority sectors as per the RBI guidelines.
The purpose of the master circular-priority sector lending-targets is to ensure that banks and financial institutions meet their targets for lending to priority sectors as mandated by the RBI.
The master circular-priority sector lending-targets must report on the amount of lending done to priority sectors, compliance with target requirements, and any other relevant information as required by the RBI.
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