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Home News SBI, PNB & Allahabad Bank top UP farm loan exposure

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SBI, PNB & Allahabad Bank top UP farm loan exposure

SBI, PNB & Allahabad Bank top UP farm loan exposure

Thursday, April 6, 2017, 8:18 AM

SBI, PNB and Allahabad Bank lead the pack of commercial banks with exposure to the agriculture sector in UP, where the state government has decided to pay all crop loans owed by small and marginal farmers. As of December 2016, nine banks had extended loans worth Rs 70,046 crore to the agriculture sector in the state. Of this, crop loans were Rs 49,811 crore.
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