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Top 10 Public Sector Banks in Priority Sector Lending as on 31st March, 2015

December 31, 2015

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Banks have been contributing to the growth of the Priority Sector of India by extending credit to them on favourable terms, in accordance with the policies of the Government of India. This has enabled many entrepreneurs establish enterprises creating employment for many, helped farmers, infrastructure development and other disadvantaged sections. The total amount of Priority Sector Lending (PSL) by all the Public Sector Banks in India was Rs. 1701806.78 crores as on 31-03-2015.

Top 10 banks in Priority Sector Lending as on 31st March, 2015 were: State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Bank of India, Union Bank of India, IDBI BK Ltd, Central Bank of India, Indian Overseas Bank and Syndicate Bank.

The amount of PSL by State Bank of India was Rs. 290910 crores as on 31-03-2015. The percentage share of PSL by State Bank of India was 17.09% of total PSL by all the Public Sector Banks in India as on 31-03-2015. The amount of PSL by Punjab National Bank was Rs. 135812.68 crores as on 31-03-2015. The percentage share of PSL by Punjab National Bank was 7.98% of total PSL by all the Public Sector Banks in India as on 31-03-2015. The amount of PSL by Canara Bank was Rs. 118234 crores as on 31-03-2015. The percentage share of PSL by Canara Bank was 6.95% of total PSL by all the Public Sector Banks in India as on 31-03-2015.

The amount of PSL by Bank of Baroda was Rs. 103491 crores as on 31-03-2015. The percentage share of PSL by Bank of Baroda was 6.08% of total PSL by all the Public Sector Banks in India as on 31-03-2015. The amount of PSL by Bank of India was Rs. 94572 crores as on 31-03-2015. The percentage share of PSL by Bank of India was 5.56% of total PSL by all the Public Sector Banks in India as on 31-03-2015.

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Source: Ministry of Finance, Department of Financial Services
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