The Reserve Bank of India (RBI) today revised priority sector lending (PSL ... of RBI guidelines for new banking license, the most important step being creation of non-operating holding finance ...

But this could change with the launch of priority sector lending (PSL) policy next month ... he said that access is more important. PSL is expected to ensure this.

After undertaking a review, it has been decided to extend the priority sector classification for bank loans to NBFCs for on-lending for 2020-21, RBI said in a statement. Further, it said ...

"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 ... or acquire points for the ...

Driven perhaps by the lack of credit demand from corporates, a boom in retail credit, an eagerness to bridge the last- mile gap in credit delivery and pressure to achieve priority-sector lending ...