The Reserve Bank of India (RBI) will ?revisit? its economic growth projections next month, governor Duvvuri Subbarao said on Thursday in Jalanga village in the eastern state of Orissa.
Subbarao asked bankers to stress on agriculture financing to accelerate economic growth in rural areas.
?Bankers should stress on financing rural areas to ensure rapid economic growth in villages,” Subbarao said while interacting with bankers during an outreach programme at Jalanga village.
He said the focus in rural areas should be on providing loans to agricultural sector to ensure increased use of modern technologies and equipment for substantially boosting farm output.
The RBI governor interacted with bankers on their initiatives for promotion of financial inclusion and financial literacy after launching a programme where Jalanga village was adopted by Uco Bank for its overall development.