Classification based on Place of Making Advances (Section C)
a) Advances to sectors, which are classified as priority sectors according to the instructions of the RBI, are to be classified under the head ‘priority sectors’. Such advances should be excluded from, ‘Advances to Public Sector’.
b) Advances to Central and State Governments and other government undertakings including government companies and corporations which are, according to the statutes, to be treated as public sector companies, are to be included in the category ‘Public Sector’.
c) All advances to the banking sector including co-operative banks will come under the head ‘Banks’.
d) All the remaining advances will be included under the residual head ‘Others’; typically this category will include non-priority advances to the private, joint and co-operative sectors.