The US has voiced concerns over India's high customs duties on IP-intensive products and its proposed mandatory blanket license for AI deve...

The Reserve Bank of India has strengthened priority sector lending compliance, mandating external auditor certificates from intermediaries ...

Private lenders may benefit significantly from the eased loan limits and broadened borrower categories in priority loans, as set by the RBI...

The Reserve Bank of India has raised the limit on housing loans eligible for priority sector lending, which is effective from April 1. The ...

Banks were incentivised for quick delivery of credit under the scheme through extension of priority-sector classification to such lending u...

Anticipating liquidity tightness, Microfinance Institutions Network (MFIN), the lobby group for the NBFC-MFIs, has already sought the regul...

The move will help boost credit disbursement in the targeted segment like agriculture, MSME and housing sector. After undertaking a review,...

As per the revised norms, on-lending by NBFCs for 'term lending' component under agriculture will be allowed up to Rs 10 lakh per borrower.

Multiple initiatives are trying to address various issues inhibiting the growth of the sector, which is the largest job creator.

It has been decided that priority sector loans to persons with disabilities will be eligible for classification under weaker sections categ...

"The outstanding deposits under the above funds with NABARD as on preceding March 31 will form part of Adjusted Net Bank Credit," it added.

RBI said the banks which have included contingent liabilities or off-balance-sheet items as part of their PSL will have to declassify these...

Reserve Bank of India told banks that contingencies liabilities and off-balance sheet items can not be considered as priority sector lendin...

The Reserve Bank of India today discussed the possibility of revision in priority sector lending norms with bank chiefs.

The RBI has sought views of stakeholders on the terms of reference of Nair Committee to look into various issues related to priority sector...

RBI cuts repo rate by 100 bps to 6.5% & reverse repo by 100 bps to 5% effective from Dec 8. Highlights | Central Banks' measures | Experts ...

RBI issued a circular stating fresh investments made by banks in VCs on or after July 1 2005 will not be eligible for classification under ...