Appendix - An illustrative list of Intermediary Agencies - RBI - Reserve Bank of India

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Appendix - An illustrative list of Intermediary Agencies

  1. State sponsored organizations for on-lending to weaker
  2. Sections.@
  3. Distributors of agricultural inputs/implements.
  4. State Financial Corporations(SFCs)/State Industrial Development Corporations (SIDCs) to the extent they provide credit to weaker sections.
  5. National Small Industries Corporation (NSIC).
  6. Khadi and Village Industries Commission (KVIC).
  7. Agencies involved in assisting the decentralized sector.
  8. State sponsored organizations for on-lending to the weaker sections.
  9. Housing and Urban Development Corporation Ltd.(HUDCO). Housing Finance Companies approved by National Housing Bank (NHB) for refinance.
  10. State sponsored organizations for SCs/STs ( for purchase and supply of inputs to and/or marketing of output of the beneficiaries of these organizations).
  11. Micro Finance Institutions/Non-Government Organisations (NGOs) on-lending to SHGs.

@ ‘Weaker Sections’ in Priority Sector includes following :

  1. Small and marginal farmers with landholdings of 5 acres and less, landless labourers tenant farmers and share-croppers;
  2. Artisans, village and cottage industries where individual credit requirements do not exceed Rs.25,000/-.
  3. Small and marginal farmers sharecroppers, agricultural and non-agricultural labourers, rural artisans and families living below the poverty lines are the beneficiaries. The family income should not exceed Rs.11,000/- per annum.
  4. Scheduled Castes and Scheduled Tribes.
  5. Beneficiaries are persons whose family income from all sources does not exceed Rs.7200/- per annum in urban or semi urban areas or Rs.6,400/- per annum in rural areas. They should not own any land or the size of their holdings does not exceed one acre in the case of irrigated land and 2.5 acres in the case of unirrigated land (land holdings criteria donot apply to SC/ST).
  6. Beneficiaries under scheme of Liberation and Rehabilitation of Scavengers (SLRs).
  7. Advances granted to Self-Help Groups (SHGs) for reaching the rural poor.

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