Priority Sector Lending
Recent Highlights
All Stories for Priority Sector Lending
Edelweiss Group, Central Bank of India partner to co-lend to MSMEs, to facilitate speedy disbursal of credit
•The partnership comes after the Reserve Bank of India (RBI) announced progressive Co-Origination Policy in September 2018
Arun Jaitley to meet heads of PSBs next week to review performance, credit growth, bad loan situation
•Arun Jaitley's meeting will happen against the backdrop of the 'Alternative Mechanism' (AM) to merge three public sector banks Bank of Baroda, Vijaya Bank and Dena Bank
Affordable housing: RBI revises home loan limits under priority sector from Rs 28 lakh to Rs 35 lakh
•Currently, loans to individuals for up to Rs 28 lakh in metropolitan centres and Rs 20 lakh in other centres, can be classified under priority sector
RBI announces hike in limits for cheaper loan for affordable housing; raises red flag on small ticket housing loans
•The RBI said after a careful analysis of the housing loans data, it has been observed that the level of NPAs for the ticket size of up to Rs 2 lakh has been high and is rising briskly.
Reserve Bank hikes affordable housing loan limits; move could benefit first-time home buyers in metros
•In a statement, Reserve Bank of India said that it has been decided to revise the housing loan limits for PSL eligibility from Rs 28 lakh to Rs 35 lakh in metropolitan centres and from Rs 20 lakh to Rs 25 lakh in other centres
Maharashtra has Rs 3.70 lakh cr credit potential under priority sector lending in FY19: Nabard
•Nabard's this year's projection under priority sector is 10 percent higher than the previous year
India’s non farm-loan debts could settle all distressed farm loans, shows an analysis
Indiaspend •A lot of the non-priority NPAs are large and valued customers of the banks, who also have considerable political clout
Maharashtra clamp down: Govts should remember public banks are not milch cows
Dinesh Unnikrishnan123 •According to the report, banks disbursed Rs 1,036 crore loans in Amaravati as against the target of Rs 1,695 crore.
A farm loan bubble in the making: Public banks wouldn't love a good drought
Dinesh Unnikrishnan123 •It is high time the government separated politics and economics of the agriculture sector and stopped fixing annual farm-loan targets for banks
Bank the poor: The message Rajan's priority sector lending norms send to lenders
Dinesh Unnikrishnan123 •Small farmers are a long ignored segment; the new norms will likely change this