Indian Bank - Welfare of Minorities


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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 242 branches in 56 minority concentration districts. Already 11 branches have been opened since 01.04.2007.

Click here to view

1. Road map laying down specific state wise annual targets over the next 3 years to ensure that the priority sector lending to minorities is raised to 15% by the end of 2009-10.

2. Data on credit assistance provided to specified minority communities for 121 Minority concentration Districts (MCDs) and all districts of the Country.

Last Updated March 6, 2008