(Reuters) - The Reserve Bank of India on Monday issued revised guidelines on priority sector lending, in a move to expand PSL's coverage and increase loan limits across sectors. The updated rules will ...

Priority sector loans are a vital part of India's financial landscape, aimed at promoting economic growth by supporting ...

The Reserve Bank of India, in conjunction with the Finance Ministry, has implemented measures to ensure robust credit flow to the rural sector. These include revised Priority Sector Lending guidelines ...

The government’s Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), which operates the credit guarantee scheme for MSEs, has clarified that informal micro enterprises (IMEs) ...

Historically, Asian governments have used state-directed priority sector lending as a policy tool to improve access to credit for underserved sectors. Today, India, Indonesia, Malaysia, the ...

MUMBAI, Jan 2 (Reuters) - An industry body for India's non-banking finance companies (NBFCs) has asked the government to create a refinance or liquidity facility to boost lending to priority sectors ...

Industry body PHD Chamber of Commerce and Industry (PHDCCI) has submitted a set of recommendations to Reserve Bank of India Governor Sanjay Malhotra, seeking policy and operational changes to address ...

The Union government has boosted support for farmers with enhanced access to Kisan Credit Cards (KCC), promoting digital issuance across States and UTs. Initiatives include increased lending targets ...