Ranchi, Nov. 24 -- Despite Jharkhand banks exceeding national targets for priority sector lending, they are falling short of the Reserve Bank of India's (RBI) 18 percent agri credit mandate, according to a recent report by the State Level Bankers' Committee (SLBC).
As of September 30, 2025, banks' priority sector advances stood at 50.11 percent of their total advances of Rs 158,714 crore, well above the national 40 percent benchmark, reported TOI.
However, only 14.87 percent of total bank loans were directed to agriculture, significantly below the RBI's 18 percent target.
Between March and September 2025, agricultural lending rose from Rs 23,032 crore to Rs 23,594 crore, a 13.98 percent growth.
The report highlighted ten public sector...
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