RBI/2010-11/582

RPCD. GSSD. CO. No.14360 / 09.01.01 CM / 2010 – 11, 

Dated :- June 14, 2011

The Chairman / Managing Director

All Indian Scheduled Commercial Banks

(Excluding RRBs)

Dear Sir,

Credit Mobilisation Targets under the Swarnajayanti Gram Swarozgar Yojana (SGSY) for the year 2011 – 12

The Government of India has finalized the Credit Mobilisation Targets for the year 2011 – 12 under the Swarnajayanti Gram Swarozgar Yojana (SGSY). The State / Union Territory – wise credit mobilisation targets for the year 2011 – 12 are enclosed.

2. We advise that the State – wise targets indicated may be allocated among the banks working under the jurisdiction of the SLBC Convenor bank of the State, under advice to us. The SLBCs should finalise the targets of individual banks on the basis of acceptable parameters like resources, number of rural / semi urban branches, etc., so that each of the banks will be in a position to arrive at its corporate target. We will be monitoring the achievement of the credit targets by the scheduled commercial banks through receipt of returns.

3. The Lead Banks may review the performance of credit mobilisation at   regular intervals in each  State / Union Territory through the respective SLBC / UTLBC in order to ensure that efforts are being made by the banks to achieve the credit targets.

4. Monthly / quarterly / half – yearly reports may be submitted to us in terms of para 22 of our Master Circular RBI /2010-11 /56 – RPCD. SP.  BC. No.7 /09.01.01/2010-11 dated July 1, 2010 on Priority Sector Lending – Special Programmes – Swarnajayanti Gram Swarozgar Yojana (SGSY).

5. Further, as you are aware, we have introduced an upgraded system (PCRPCD) of on – line submission of data by banks in respect of SGSY. The state – wise targets allocated to scheduled commercial banks for the year 2011 – 12 will be updated in our system, at Central Office, on receipt of the same from your bank. Subsequently, you have to update the state – wise / bank – wise financial targets for the year 2011 – 12 in your system. This will enable the member banks to submit the returns on – line to us.

6.  You may please ensure to submit the progress reports in hardcopy and on – line under PCRPCD simultaneously and continue to do so until further instructions from us.

7. Please issue suitable instructions to your controlling offices and branches, under advice to us.

Yours faithfully,

Smt. (A. S. Telang)

Deputy General Manager

Encl: As above

Credit Mobilisation Targets under SGSY during 2011-2012
(Rs. in lakhs)
S.No States/U.T Credit Target for 2011-2012
1 Andhra Pradesh 32130
2 Bihar 76420
3 Chhattisgarh 16980
4 Goa 500
5 Gujarat 12090
6 Haryana 7130
7 Himachal Pradesh 3010
8 J &K 3710
9 Jharkhand 28820
10 Karnataka 24260
11 Kerala 10890
12 Madhya Pradesh 36370
13 Maharashtra 47950
14 Orissa 36750
15 Punjab 3470
16 Rajasthan 18430
17 Tamil Nadu 28410
18 Uttar Pradesh 110020
19 Uttaranchal 5800
20 West Bengal 40840
21 A& N Island 60
22 D& N Haveli 60
23 Daman & Diu 60
24 Lakshadweep 60
25 Puducherry 580
26 Arunachal Pradesh 1590
27 Assam 41140
28 Meghalaya 3090
29 Manipur 2760
30 Nagaland 2120
31 Sikkim 800
32 Tripura 4980
33 Mizoram 720
TOTAL 602000

More Under Fema / RBI

Posted Under

Category : Fema / RBI (3301)
Type : Circulars (7557) Notifications/Circulars (30666)
Tags : RBI Notifications (1884)

Leave a Reply

Your email address will not be published. Required fields are marked *