SBP agri credit disbursement target missed

The central bank has missed agriculture lending target for the fiscal 2009-10, set at Rs260 billion, report said on Thursday. The latest statistics for the agriculture disbursement released by the State Bank of Pakistan (SBP) shows that the commercial and specialized banks have disbursed some Rs248 billion during July 2009-June10, depicting the disbursement has fallen short by Rs12 billion. Experts had earlier calculated that the central banks agriculture credit disbursement target will fall short by Rs10 billion to Rs 12 billion.

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