Budget 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...

India's industry body, CII, recommends changes to the Priority Sector Lending policy. CII suggests adding new sectors like digital infrastr...

"Pursuant to detailed discussions held by Union Home Minister and Minister of Cooperation Amit Shah, with Finance Minister Nirmala Sitharam...

The Reserve Bank of India (RBI) has given Indian urban cooperative banks more regulatory flexibility by extending the meeting deadline for ...

Earlier in the day, the Reserve Bank came out with revised guidelines for priority sector lending (PSL) which included lending of up to Rs ...

The revised guidelines, the RBI said, also seeks to address the issues concerning regional disparities in the flow of priority sector credi...

The move, directed at foreign banks with over 20 branches will impact the likes of Standard Chartered, Citi and HSBC, which much higher bra...

IDFC Bank confirmed that it is looking to buy priority sector loans without discussing the names. Currently, the bank on-lends to these ins...

After two years of decline, securitisation market is looking up, thanks to new investment structures like commercial mortgage-backed securi...

As of now most the priority sector loans are disbursed in the last quarter since PSL is accessed on annual basis.

Rajan 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...

Among the changes proposed, renewable energy sector is likely to be accorded the priority sector lending status, up to Rs 10 crore loans.

"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...

The Reserve Bank today announced three changes to the priority sector lending norms and more than doubled the limit for MSME advances.

The norms for agri finance under PSL segment as revised by RBI on 20 July 2012 are expected to lead to a huge decline in lending to agri se...

Dismissing criticism of RBI's stance of treating foreign banks at par with domestic peers with regard to priority sector lending, RBI Deput...

RBI had last week revised its PSL norms under which a bank lends at lower interest rates to borrower institutions engaged in socially uplif...