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Banks make slow progress in financial inclusion schemes, private lenders trail state-run peers

Banks make slow progress in financial inclusion schemes, private lenders trail state-run peers

Banks make slow progress in financial inclusion schemes, private lenders trail state-run peers


Several state-run banks had achieved at least half their FY27 disbursal targets in the first half. Bank of India disbursed 56% of its ₹16,200-crore target ( ₹9,122 crore), followed by Union Bank of India at 54% ( ₹13,830 crore of ₹25,700 crore), Bank of Baroda at 53% ( ₹16,039 crore of ₹30,000 crore), Indian Overseas Bank at 52% ( ₹5,198 crore of ₹10,000 crore) and Bank of Maharashtra at 50% ( ₹4,025 crore of ₹8,000 crore). All figures are for H1 FY27.