I have a suspicion that between the overall priority sector strategy and what happens at the SLBC and DCP level, there may not necessarily be any logical linkage. In RBI we are looking at revamping the entire structure of SLBC and as such, some of these will undergo a change. Data extraction and its implications for priority sector 8.
This conclusion is not borne out by the rapid growth in both the number of bank accounts and the real value of bank deposits over the last 10 years. Notwithstanding the strides made by the banking industry, it still faces major challenges. The cost of doing banking business is high, partly because the industry has not yet realised optimal economies of scale.