Banks have been contributing to the growth of the Priority Sector by extending credit on favourable terms, in accordance with the policies of the Government of India.
Percentage Share of Minorities Community Lending (MCL) Outstanding in total Priority Sector Lending (PSL) as on Quarter ending 30.06.2014 is shown in the visualisation. The top 10 Indian banks (PSUs) having the largest % share of MCL Outstanding in total PSL are Punjab & Sind Bank (39.49%), State Bank of Travancore (33.4%), State Bank of India (19.11%), Canara Bank (17.68%), State Bank of Patiala (17.13%), Punjab National Bank (16.61%), Syndicate Bank (15.88%), Bank of India (15.24%), Oriental Bank of Commerce (15.22%) and Allahabad Bank (15.12%).
Though State Bank of India is on the third position in Percentage terms, it is the top most bank as per MCL Outstanding in terms of absolute amount i.e. Rs. 53903 crores out of the total PSL of Rs. 282105 Crores as on Quarter ending 30.06.2014. All the 27 Indian PSU banks including IDBI and Bhartiya Mahila Bank, put together, have MCL Outstanding of Rs. 242495.44 crores out of the total PSL of Rs. 1551612.78 crores as on Quarter ending 30.06.2014.