FinMin asks PSBs to meet loan targets for agri-allied sectors

The finance ministry has urged public sector banks, or PSBs, to take all necessary steps to increase credit flow to the agri-allied sector and ensure that loan targets are met during the current financial year.

Financial services secretary M Nagaraju on Tuesday reviewed the progress of credit disbursement to agri-allied activities such as animal husbandry, dairying, and fisheries and stressed on the state governments to facilitate banks in improving the flow of credit to these sectors. -Our Bureau