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<h1>Bank Credit to Priority Sectors Surges 85% by 2024, Agriculture and MSMEs Lead Growth</h1> Credit disbursement to priority sectors such as agriculture, MSMEs, and social infrastructure by banks increased by 85% from 23.01 lakh crores in 2019 to 42.73 lakh crores in 2024. The agriculture sector saw a significant rise from 8.86 lakh crores to 18.27 lakh crores, while MSMEs grew from 10.99 lakh crores to 21.73 lakh crores. Banks are collaborating with FinTechs to enhance services, including digital loan processes and AI-driven e-KYC. The Reserve Bank of India and the government have implemented measures to improve financial soundness, credit discipline, and technology adoption, alongside frameworks for resolving stressed assets and reducing NPAs.