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Revision of Priority Sector Lending norms
September 9 , 2020
1542 days
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- RBI has revised priority sector lending (PSL) guidelines to include entrepreneurship and renewable resources, in line with emerging national priorities.
- This includes
- Loans to farmers for installation of solar power plants for solarisation of grid-connected agriculture pumps and
- Loans for setting up Compressed BioGas plants.
- Revised PSL guidelines will enable:
- Better credit penetration to credit deficient areas;
- Increase the lending to small and marginal farmers and weaker sections;
- Boost credit to renewable energy, and health infrastructure.
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