The "Prime
Minister's new 15 - Point Programme for the
welfare of Minorities"
The "Prime Minister's new
15 - Point Programme for the welfare
of Minorities" envisages,
inter-alia, increasing credit flow
to the minority communities.It
has now been decided by the Government
of India to step up lending to
minorities from the existing level
of 9% to 15% over the next three
years.
As directed by the Government
,we have submitted our Road Map
laying down specific state-wise
annual targets over the next 3
years to ensure that priority sector
lending to minority communities
is raised to 15% by the end of
2009-10
The following communities have
been notified as minority communities
by the Government of India, Ministry
of Welfare(RBI/2006-07/52-RPCD
No. SP.BC.09/09.10.01/2006-07 dated
05.07.2006):
(a) Sikhs
(b) Muslims
(c) Christians
(d) Zoroastrians
(e) Buddhists
Within the overall target for
priority sector lending and the
sub-target of 10 percent for the
weaker sections,Indian Bank takes
sufficient care to ensure that
the minority communities also receive
equitable portion of the credit.
Opening of branches in
Minority concentrated districts:
Our bank has 330 branches in
66 minority concentration districts.
