The credit plan for 2014-15 stood at Rs 12,491.43 crore.
Under the plan, Rs 9,182.54 crore are allocated for agriculture and other allied sectors, Rs 1704.39 crore for industries, Rs 1,729.11 crore for other priority sectors and Rs 2001.14 crore for non-priority sectors.
On this occasion, Pulla Rao appealed to bankers to provide loans to farmers and unemployed youths.
He said the state government had initiated many measures to transform the agriculture sector into a "revenue-generating occupation.