Search For "priority sector lending"
Securitisation volumes expected to bounce back in FY22: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], December 28 (ANI): The quarterly securitisation volumes will continue to strengthen for rest of the current financial year and remain robust in FY2022, investment information agency ICRA said on Monday.
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RBI issues revised PSL guidelines to increase credit penetration
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 4 (ANI): The Reserve Bank of India (RBI) on Friday issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers besides weaker sections.
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RBI issues draft norms on prudential exposure limits for cooperative banks
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): The Reserve Bank of India (RBI) on Monday released a draft circular on limits on exposure to single and group borrowers and revision in priority sector lending targets for urban cooperative banks (UCBs).
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Edelweiss Group, Central Bank of India partner to co-lend to MSMEs
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 2 (ANI): ECL Finance, a subsidiary of Edelweiss Financial Services, and government-owned Central Bank of India have signed an agreement for priority sector lending to micro, small and medium enterprise (MSME) customers.
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RBI announces measures to open up liquidity for NBFCs
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday announced two key measures to help non-bank financial companies (NBFCs) which are facing a severe liquidity squeeze.
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RBI directs banks to enhance housing loan limits for eligibility under pri
Updated : 6 years, 10 months ago IST
New Delhi [India], May 07 (ANI): Reserve Bank of India (RBI) has directed banks to enhance the housing loan limits for eligibility under priority sector lending (PSL) to Rs 35 lakh in metropolitan centres (with population of ten lakh and above) and Rs 25 lakh in other centres.
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Soon will hold meeting with Indian Bank Association: Suresh Prabhu
Updated : 7 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Union Minister for Commerce and Industry Suresh Prabhu said that he will soon hold a meeting with Indian Bank Association to discuss the treatment of exports as priority sector lending by the banking system.
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Tough RBI tightens PSL norms for foreign banks
Updated : 8 years ago IST
New Delhi [India], Mar 5. (ANI): The Reserve Bank of India (RBI) on Monday tightened Priority Sector Lending (PSL) norms for foreign banks by directing them to mandatorily create sub-targets so that they lend a portion of their loans to small and marginal farmers, micro enterprises (MSMEs) f
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