Bad loans in banks' priority sector lending portfolio have caught the Reserve Bank of India's eye. The possibility that the banks' exposure to the agriculture, micro and small enterprises, and housing segments could be under stress has made the central bank ask them for the relevant data. The central bank has sought data from all commercial banks on their outstanding bad loans to the priority sector for the financial years (April to March) 2010 and 2011. Specifically, the RBI wants banks to reveal their bad loans position in respect of their direct advances to small and marginal farmers; micro and small enterprises (MSE); education; housing; and other priority sectors (manufacturing, services, micro-credit, export credit and weaker sections).
Source : Hindu Businessline
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