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Priority Sector Lending News


Education Loan Market Shrinks 25% In Four Years: Report
While credit disbursal is being promoted across value chains to revive the overall Indian economy, it has been otherwise for the education loan segment. And this is revealed in a business dailies report which suggests that the number of students able ...
Home Loan EMIs May Fall by 8 Per Cent: KPMG
EMIs on home loans are expected to come down by 8-10 per cent following the recent move by Reserve Bank of India to ease norms for banks to raise long-term funds for financing affordable housing projects, consultancy KPMG said on Wednesday. ...
RBI eases reserve norms for banks issuing infra bonds
In order to encourage infrastructure development and affordable housing, the Reserve Bank of India (RBI) on Tuesday exempted long-term bonds from mandatory regulatory norms such as CRR and SLR if the money raised is used for funding of such projects. ...
What is priority sector lending in the banking sector?
Priority sector lending is providing easy, adequate and timely credit to priority sectors that otherwise would not receive easy finance. The scope of priority sectors is confined to sectors that impact huge population segment, weaker sections in the society and sectors ...
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