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SBI steps to boost NE agri sector

The State Bank of India has increased its agriculture advances in Northeast India from Rs 1272 Crore in 2009-10 to Rs 1745 Crore.

This was what SBI Chairman of SBI, Pratip Chaudhuri said on his two days visit to Northeast to take stock of the bank's activity in the region. Chaudhuri met Assam chief minister, Tarun Gogoi and discussed banks activity in the state.

The credit deposit ratio (CD) of SBI in Assam has improved from 36 percent of 2010-11 to 38 percent in 2011-12. Presently Assam has a CD ratio of 39.5 percent. The number of Kisan Credit Card (KCC) disbursed by SBI has increased from 70539 to 139411 in Northeast India.

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