Thursday, October 15, 2009


It has been decided to include loans granted by banks in respect of following activities under Micro and Small (Service) Enterprises within the priority sector, provided such enterprises satisfy the definition of Micro and Small (Service) Enterprises

  • Consultancy Services including Management Services
  • Composite Broker Services in Risk and Insurance Management
  • Third Party Administration (TPA) Services for Medical Insurance Claims of Policy Holders
  • Seed Grading Services
  • Training-cum-Incubator Centre
  • Educational Institutions
  • Training Institutes
  • Retail Trade
  • Practice of Law, i.e. legal services
  • Trading in medical instruments (brand new)
  • Placement and Management Consultancy Services and
  • Advertising agency and Training centres

Accordingly, there will be no separate category for "Retail Trade" under priority sector. Loans granted by banks for Retail Trade (i.e. advances granted to retail traders dealing in essential commodities, consumer co-operative stores; and advances granted to private retail traders with credit limits not exceeding Rs. 20 lakh) would henceforth be part of the Small (Service) Enterprises.


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