International Journal of Multidisciplinary Research and Development

International Journal of Multidisciplinary Research and Development


International Journal of Multidisciplinary Research and Development
International Journal of Multidisciplinary Research and Development
Vol. 2, Issue 12 (2015)

Priority sector credit by commercial banks in India


Dr. P Sivaramakrishna

Priory sector includes those activities, which assumed national significance and were assigned priority for development. It primarily comprises all those sectors of the society which are crucial for the development of the nation but were hitherto neglected sectors by banking institutions. Priority sector is classified into three categories such as primary, secondary and tertiary. The former constitutes agriculture and allied activities e.g. dairy, poultry farming, goat rearing and pisciculture etc. and the middle one includes small scale, ancillary, cottage, tiny and small scale services and business enterprises. The latter covers small road and water transport operations, professionals and self- employed, retail trade, small business, education and women entrepreneur. The aspects covered in this study are Commercial banks’ Advances to Priority Sector, bank category -wise Priority Sector Advances, Commercial banks Advances’ to Differential rate of Interest Scheme, Weaker Section Advances, Advances to Small Scale Industries and Recovery Performance of Commercial banks.rn
Download  |  Pages : 434-437
How to cite this article:
Dr. P Sivaramakrishna. Priority sector credit by commercial banks in India. International Journal of Multidisciplinary Research and Development, Volume 2, Issue 12, 2015, Pages 434-437
International Journal of Multidisciplinary Research and Development International Journal of Multidisciplinary Research and Development