FM asks RRBs to boost ground-level agriculture credit disbursement

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Additional Secretary, DFS, representatives of NABARD and SIDBI and senior officers of participating states also attended the meeting.

The Union minister also noted improvement in financial parameters of these RRBs.

Consolidated Capital to Risk (Weighted) Assets Ratio (CRAR) has improved from 7.8 per cent in FY 22 to 9.4 per cent in FY24 and Gross Non-Performing Assets (GNPA) have improved from 25 per cent in FY22 to 15 per cent in FY24.

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Category: BusinessFinance

Markets: India

Topics: Agriculture credit Nirmala Sitharaman Indian economy Regional Rural Banks

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 21:56:01 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23949760

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