Priority Sector Lending is a policy tool aimed at ensuring that key sectors crucial to the nation’s development receive adequate financial support. Under the rules, a banking entity needs to ...

Ultimately, it “transitions priority sector lending from a lender’s market to a borrower’s market, offering MSMEs greater choice”, he adds. Notably, priority sector lending is distinct ...

PSLAI has been conceptualised to focus on loans under the Priority Sector Lending (PSL) norms, which are a key business vertical for banks and NBFCs. Indian Software Products Industry Round Table ...

Innovations like Priority Sector Lending Certificates (PSLCs) have further optimized lending strategies, enabling banks to focus on their strengths while meeting regulatory requirements.

The Cabinet has issued an order to form dzongkhag priority sector lending (PSL) committee in pursuant to the scheme the Royal Monetary Authority (RMA) has launched. Signed by the Prime Minister, the ...

MUMBAI: India's non-bank lenders are coming together to set up a first-of-its-kind industry body for priority sector lending. The Priority Sector Lenders Association of India (PSLAI) as it is ...

Sharad Sharma, co-founder of iSPIRT, highlighted that PSLAI's primary focus will be to advocate for reforms like liberalised risk weightage on priority sector lending (PSL) portfolios, the ...

As India sets its sights on the Union Budget 2024-25, the conversation around unlocking the true potential of Priority Sector Lending (PSL) and MSME financing has become paramount. While PSL is a ...

MUMBAI (Reuters) - An industry body for India's non-banking finance companies (NBFCs) has asked the government to create a refinance or liquidity facility to boost lending to priority sectors such ...