Lending

New PSL guidelines to be out by April-end: Raghuram Rajan

The Reserve Bank will come out with final guidelines on priority sector lending (PSL) for banks by end of this month which will be aimed at getting a parity among all lenders, Governor Raghuram Rajan said Tuesday.

Apr 07, 2015, 17:04 PM IST

RBI report for trading PSL certificates, adding more sectors

A committee set up by RBI has suggested that the target for lending to the redefined priority sector be retained uniformly at 40 percent and sought introduction of PSL certificates which can he traded.

Mar 02, 2015, 22:45 PM IST

RBI says overdraft under Jan-Dhan is priority sector lending

Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI Wednesday said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending.

Feb 25, 2015, 18:35 PM IST

China's lending push bypasses cash-starved farm sector

As China pulls out the stops to get more lending into its economy to bolster flagging growth, farming, a sector that employs almost a third of its 1.4 billion people, remains in desperate need of funding.

Feb 13, 2015, 11:06 AM IST