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 ...

To increase service delivery efficiency, an online system for Priority Sector Lending (PSL) went live yesterday. It can be accessed online through the economic ...

The new norms discourage lending in districts with high average loan sizes. Starting from FY25, more weight (125%) will be given to fresh priority sector loans in districts where the loan ...

But this could change with the launch of priority sector lending (PSL ... lower than the market price,” the governor said. This means the interest rates would be lower than the minimum lending rate.

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. It will help citizens afford EVs at ...

Moneycontrol explains what is the present definition of MSMEs ... The Reserve Bank of India (RBI) today revised priority sector lending (PSL) norms, adding new segments such as micro, small ...