During 2021-22, against the target of Rs 4.44 lakh crore, Regional Rural Banks (RRBs) and Rural Co-operative Banks achieved Rs 4.18 lakh crore as of March 31, 2022, of which Regional Rural Banks and rural co-operative banks achieved 93.7 percent and 94.5 per cent, respectively, of their targets.
Whereas in 2020-21, against the target of Rs 4.18 lakh crore, the banks achieved Rs 3.80 lakh crore crore as of March 31, 2021.
The GoI sets the agricultural credit target every year for SCBs, regional rural banks (RRBs) and rural cooperative banks.
The data are provisional and revealed in the report shared by RBI.