Priority Sector Lending

3rd September – Priority Sector Lending Certificates

Priority Sector Lending Certificates The RBI had listed out ‘priority’ sectors that banks such as agriculture, housing, education and micro-small enterprises to which the banks must compulsorily lend to in the form of loans. It is called ‘priority sector lending’. But this method has often been criticised for meddling too much in the workings of …

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