Priority Sector Lending is a policy tool aimed at ensuring ... banks want to give competition to Indian banks there are challenges because it is not going to be that easy, says K Venkataraman ...

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 ... and tech companies to address the unique challenges within PSL.

This is partly due to challenges in reaching ... Banks often rely on priority sector shortfall deposits (PSL-DF) with NABARD, rather than expanding direct lending capabilities to underserved ...

As MSME exporters continue to grapple with access to credit issues, experts believe formalising the sector along with changing lending mindset can provide a lot of respite to the sector.

The Reserve Bank of India (RBI) has penalized Jammu and Kashmir Bank, Bank of India, and Canara Bank for violations of regulatory compliance related to financial inclusion, priority sector lending, ...

"To create a robust ecosystem for electric vehicles and give a boost to the EV market, the government could look at putting EVs in the priority lending sector. It will help citizens afford EVs at ...

The challenges in the assessment of requirement ... Even though the Reserve Bank of India (RBI) has made MSME into a priority lending sector, the lack of data on these small businesses hasn ...