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 ...
This makes funding tomicro, small and medium enterprises (MSMEs) through banks and non-banks a priority. Stakeholders suggest the government: o Increase the priority sector lending (PSL ...
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 ...
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 ...
while seeking a priority sector lending tag for airports. "Continued focus on policy frameworks that foster healthy competition and ease of operations will benefit the entire aviation ecosystem ...
Kelly Loeffler, President Trump's pick to lead the Small Business Administration, outlined her plans for the agency during her nomination hearing on Capitol Hill this week. The Small Business ...
for on-lending to MSMEs as indirect finance, making it eligible for classification under the priority sector lending (PSL) of banks. They have also urged the RBI to remove the ceiling of Rs 20 lakh ...
Gold loan NBFCs seek priority sector status and inclusion in UPI-based credit systems in the upcoming Union Budget to drive financial inclusion and better serve small borrowers. They also call for ...
Mathew Muthoottu, Managing Director at NBFC Muthoottu Mini Financiers said recognizing NBFCs as part of the priority sector and facilitating bank lending to NBFCs at lower interest rates would ...
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