Some public sector as well as private sector banks have seen a pick-up in their agricultural loan book, a segment lenders have traditionally looked at with abundant caution. weather uncertainties and El Nino risks, industry experts said.
These banks include
#CanaraBank
#bankofindia
#kotakbank
#FederalBank
#IDFCFIRSTBank
The banks, on average, grew their agri loan portfolio by 17 percent on a year-on-year (YoY) basis.
According to experts, good rainfall in the previous years resulted in high demand for agricultural loans in the semi-rural and rural markets.
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