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Lending to Minority Communitiessoar to Rs 66,500 Crores

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Capital Market
Volume of lending to the Minority Communities had soared from Rs 4,000 crore in the year 2004-05 to Rs 66,500 crore in the year 2013-14. Presenting the Interim Budget the Union Finance Minister, P. Chidambaram said that ten years ago, the Minorities had 14,15,000 bank accounts in 121 districts of India where there is concentration of Minorities. At the end of March 2013, they had 43,52,000 accounts and volume of lending rose to Rs 66,500 crore. Loans to Minorities Communities in the whole country stood at Rs 211,451 crore at the end of December 2013.

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First Published: Feb 17 2014 | 3:21 PM IST

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