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PSL CERTIFICATE
Priority sector lending boosts inclusion, not always guarantee growth: EAC-PMIndia's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directe...
RBI tightens PSL norms, mandates auditor certification for lendersThe Reserve Bank of India has strengthened priority sector lending compliance, mandating external auditor certificates from intermediaries ...
V K Sasikala paid Rs 450 Cr in old notes to buy sugar factory in Tamil Nadu during demonetisation: CBICentral Bureau of Investigation has filed a case regarding the purchase of a sugar factory. V K Sasikala allegedly paid Rupees 450 crore in...
RBI eases priority lending norms for SFBs, unlocks Rs 41,000 cr for low-risk sectorsThe Reserve Bank of India’s decision to reduce the priority sector lending (PSL) target for small finance banks (SFBs) from 75% to 60% of a...
Budget 2025: Why Nirmala Sitharaman needs to revamp priority sector lending and how it can drive growthBudget 2025: The CII has recommended changes to India's lending policy for the 2025 budget. They want a review every 3-4 years. CII suggest...
Credit push to priority sector gains traction: RBI reportState-run banks fell short of achieving their targets only in the microenterprises category. Private banks, on the other hand, fulfilled th...
Priority sector lending certificates gain traction, cross Rs 6 lakh crore markThe Reserve Bank of India's push for priority sector lending is accelerating with the PSL Certificates trading gaining traction at more tha...
Buy Bandhan Bank, target price Rs 408: ICICI SecuritiesBandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 42500.60 Crore).
Govt norms ensure no one makes money in payments space, says Axis Bank head Amitabh ChaudhryPrivate sector lender Axis Bank on Wednesday said government mandates on the payments space ensure that no one can make money in the segmen...
Axis Bank eyes profitability in priority sector lending, ties up with PaynearbyUnder the Paynearby tie-up, Axis Bank aims to source better lending opportunities on a range of products. These products are aimed at both ...
Securitisation volumes down 7.2% in FY18 on GST ambiguity: ReportA shift within banks to priority sector lending certificates (PSLCs) to meet their shortfalls also dented the prospects of the securitisati...
Securitisation of loans is in currency again with no GST on it: Crisil studyThe volume of securitisation deals was just about Rs 10,000 crore in the third quarter last year, when business and financial deals were hi...
Securitisation market volume rises in FY 2016: Care RatingsCare said that a decline in securitisation by these new banks would result in slower issuance of these securities in the current fiscal yea...
Market regulator Sebi working on reporting platform for debt securitisation: RBI deputy governerMarket regulator Sebi is working on a platform for reporting securitisation deals, Reserve Bank of India deputy governor R. Gandhi said on ...
New Priority Sector Lending guidelines to be out by April-end: Raghuram RajanRajan said the new norms will be as per the RBI's desire to make banking be ownership-neutral and these are the "path adjustment" which wil...
Government mulls priority sector lending certificates for banksAmong the changes proposed, renewable energy sector is likely to be accorded the priority sector lending status, up to Rs 10 crore loans.
Public sector banks can mull branch swap before consolidation: Hasmukh Adhia, Financial Services Secretary"On common equity side, the requirement is 5.5% and it is going to remain steady but today the average common equity for all PSBs is 8.2% a...
RBI report for trading PSL certificates, adding more sectorsOn the education loans under the PSL category, the report has recommended a cap of Rs 10 lakh per borrower for both domestic education.
Nabard's rural infrastructure development fund needs a relook, says RBI officialJoshi said pouring money into RIDF, which fetches banks returns that are notch lower than yield from loans, is not enalty in strict sense.
- Prakash Steelage Q2 net profit at Rs 7.12 cr
Net sales of the Company for the quarter ended September 30, 2010 stood at Rs 111.7 crore. The EBIDTA margin stood at Rs 14.82 crore and th...