today revised priority sector lending (PSL) norms, adding new segments such as micro, small and medium enterprise (MSME), social infrastructure and renewable energy under the ambit of priority ...

Further, it said, the existing loans disbursed under the on-lending model will continue to be classified under Priority Sector till the date of repayment/maturity. "Bank credit to registered NBFCs ...

But this could change with the launch of priority sector lending (PSL) policy next month. The PSL will be implemented from January 1 next year. During the Global Entrepreneurship Week, the governor of ...

The Royal Monetary Authority (RMA) states that it has come up with a policy for priority sector lending (PSL) and CSI will be a priority. The central bank is expected to launch the policy next month.

"To create a robust ecosystem for electric vehicles and give a boost to the EV market, the government could look at putting EVs in the priority lending sector. It will help citizens afford EVs at ...

Scheduled commercial banks (SCBs) invested Rs 23.36 lakh crore under priority sector lending in MSMEs in November 2023, up 21.9 per cent from Rs 19.16 lakh crore deployed in November 2022 ...

All eyes are now on the RBI’s Monetary Policy Committee or MPC meeting on December 4-6. Bank credit to MSMEs under priority sector lending in October surged by 13.9 per cent to Rs 26.34 lakh ...

We will look at reworking the priority sector lending (PSL) requirements for banks," the official said, adding that the issue will be discussed with the Reserve Bank of India (RBI). The power ...