RBI ups priority loan target for foreign banks The Reserve Bank of India (RBI) has increased the priority sector lending target for foreign banks with 20 branches or more to 40% from 32% in a ...

But this could change with the launch of priority sector lending (PSL) policy next month ... avail loans from commercial banks or micro finance institutes. Based on the targets set for the financial ...

The credit deployment to MSMEs in October was 15.7 per cent of India’s non-food credit of Rs 167 lakh crore, marginally up ...

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

Haryana Chief Secretary Dr Vivek Joshi on Friday called upon the bankers to launch a special campaign to reactivate inactive ...

Signaling a major boost to the $1 trillion economy target of Uttar Pradesh, the priority sector credit flow is estimated to ...

an eagerness to bridge the last- mile gap in credit delivery and pressure to achieve priority-sector lending targets, banks seem to have lowered their guard and gone overboard in extending such loans.

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 ...

the benefits were restricted to priority sector lending by banks. Priority lending refers to the mandatory lending targets ...