{"id":4347,"date":"2020-09-22T22:25:54","date_gmt":"2020-09-22T16:55:54","guid":{"rendered":"http:\/\/yourcareerheights.com\/?p=4347"},"modified":"2020-09-22T22:25:54","modified_gmt":"2020-09-22T16:55:54","slug":"rbi-releases-revised-priority-sector-lending-guidelines","status":"publish","type":"post","link":"https:\/\/yourcareerheights.com\/?p=4347","title":{"rendered":"RBI Releases Revised Priority Sector Lending Guidelines"},"content":{"rendered":"

On 4th September RBI has released revised Priority Sector Lending Guidelines as under:<\/h3>\n

Reserve Bank of India has comprehensively reviewed the\u00a0Priority Sector Lending (PSL) Guidelines<\/a>\u00a0to align it with emerging national priorities and bring sharper focus on inclusive development, after having wide ranging discussions with all stakeholders.<\/p>\n

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.<\/p>\n

Bank finance to start-ups (up to \u20b950 crore); loans to farmers for installation of solar power plants for solarisation of grid connected agriculture pumps and loans for setting up Compressed Bio Gas (CBG) plants have been included as fresh categories eligible for finance under priority sector. Some of the salient features of revised PSL guidelines are:<\/p>\n

    \n
  1. To address regional disparities in the flow of priority sector credit, higher weightage have been assigned to incremental priority sector credit in \u2018identified districts\u2019 where priority sector credit flow is comparatively low.<\/li>\n
  2. The targets prescribed for \u201csmall and marginal farmers\u201d and \u201cweaker sections\u201d are being increased in a phased manner.<\/li>\n
  3. Higher credit limit has been specified for Farmers Producers Organisations (FPOs)\/Farmers Producers Companies (FPCs) undertaking farming with assured marketing of their produce at a pre-determined price.<\/li>\n
  4. Loan limits for renewable energy have been increased (doubled).<\/li>\n
  5. For improvement of health infrastructure, credit limit for health infrastructure (including those under \u2018Ayushman Bharat\u2019) has been doubled.<\/li>\n<\/ol>\n

    Source: rbi.org.in<\/p>\n \n","protected":false},"excerpt":{"rendered":"

    Reserve Bank of India has comprehensively reviewed the\u00a0Priority Sector Lending (PSL) Guidelines\u00a0to align it with emerging national priorities and bring sharper focus on inclusive development, after having wide ranging discussions with all stakeholders.
    \nRevised 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.<\/p>\n","protected":false},"author":1,"featured_media":4312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[203,38,897,445,910,638,526,456,455,45],"tags":[3,931,40],"class_list":["post-4347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","category-banking","category-champions","category-credit-delivery","category-credit-flow","category-financial-inclusion","category-msme","category-priority-sector-advances-banking","category-priority-sector-advances","category-rbi","tag-banking","tag-priority-sector-lending","tag-rbi"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2020\/08\/RBI-1.jpeg?fit=615%2C262&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/4347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4347"}],"version-history":[{"count":1,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/4347\/revisions"}],"predecessor-version":[{"id":4348,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/4347\/revisions\/4348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/4312"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}