TaxTMI 
TaxTMI 
Credit to Minority Communities
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....redit to Minority Communities <br>News and Press Release<br>Dated:- 9-12-2011<br><BR>Press Information Bureau Government of India Ministry of Finance 09-December-2011 16:50 IST As per information ....
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....furnished by Reserve Bank of India (RBI), details of credit facilities given to Minority Communities by scheduled commercial banks including Public and Private sector banks during the last three years....
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.... are as under: (`in crore) Year ended Amount outstanding March 2009 96801.60 March 2010 128800.14 March 2011 143513.73 Source: RBI It is seen that total outstanding credit to minority commu....
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....nities has increased 48% during the last three years. RBI has advised all scheduled commercial banks vide master Circular dated 1st July, 2011 to improve loan availability to all the identified minor....
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....ity communities throughout the country. The circular, inter alia, advises the banks to create a special cell and appoint nodal officers in each bank. It also indicates how banks should monitor credit ....
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....flow to minority communities. The detailed circular is available on the website of RBI at www.rbi.org.in. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in wr....
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....itten reply to an Unstarred Question in Lok Sabha today. DSM/HB/GN<BR> News - Press release - PIB....