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"In terms of para 4.5 of the guidelines for advances to priority sectors (of our circular No. RPCD.BC.29/PS.22-84 dated 16th March 1984) it has been stipulated that the guarantee premium payable to DICGC on advances granted to (i) "weaker Sections" in the priority sector, (ii) housing loans upto Rs. 5,000/- granted to SC/ST and economically weaker sections and (iii) pure consumption loans should be borne by the banks themselves and should not be recovered from the borrowers: in the case of other borrowers the guarantee premium was allowed to be passed on to the borrowers subject to the proviso that the guarantee premium together with the interest rate charged should not exceed the ceiling rate of interest which at that time was prescribed at 18 per cent per annum.