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Revised priority sector lending norms
March 31 , 2025
2 days
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- The RBI has issued revised guidelines on Priority Sector Lending (PSL) to facilitate better targeting of bank credit to the priority sectors of the economy.
- The new guidelines will come into effect from April 01, 2025.
- The revised norms also expand the renewable energy lending allowing bank loans up to ₹35 crore for renewable energy-based power generators and public utilities.
- The RBI has raised PSL targets for the Urban Cooperative Banks (UCBs) to 60% of Adjusted Net Bank Credit (ANBC) or the Credit Equivalent of Off-Balance Sheet Exposures (CEOBSE), whichever is higher.
- The Loans taken against the gold jewellery acquired by banks from Non-Banking Financial Companies (NBFCs) will not qualify as PSL.
