The National Bank for Agriculture and Rural Development (NABARD) has pegged the Potential Linked Credit Plan (PLP) for Villupuram district at ₹13,813.96 crore for the year 2024-25.
The projected credit potential for the priority sectors of the district for 2024-25 is 87.75% more than the previous year’s estimated credit flow potential. It is also 14.30% higher than the current year’s Annual Credit Plan (ACP) target.
The PLP will be the reference for the preparation of the ACP by the Indian Bank, the leading bank of the district, for determining sector-wise lending priorities. District Collector C. Palani released the PLP at a meeting here on Tuesday.