Canara Bank plans to offload excess priority sector loans in Q2 FY26 to reduce margin stress. The bank's priority sector ...

The announcement was made in the backdrop of India’s ongoing efforts to strengthen community-led economic development, with a ...

Scheduled Commercial Banks (SCBs) reported a moderate 8.9 per cent year-on-year (YoY) growth in net advances during the first ...

The bank is aiming for listing of one of its subsidiaries in the current quarter and another in the next quarter, depending ...

The PHD Chamber of Commerce and Industry (PHDCCI) has presented an eight-point set of recommendations to Reserve Bank of ...

BHUBANESWAR: Union minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Wednesday that rural and tribal ...

(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 ...

Priority sector lending guidelines require banks to allocate 40% of their loan book for these sectors. In January 2022, India's policy thinktank, Niti Aayog, co-authored a report that pitched this ...

The PHD Chamber of Commerce and Industry met RBI Governor to propose reforms enhancing financial support for MSMEs.

FADA demanded clear RBI guidelines mandating concessional lending rates, priority sector classification, and improved access ...

The Reserve Bank of India (RBI) revised guidelines for lending to the priority sector on Monday, with loans to medium enterprises, sanitation and renewable energy sectors coming under the ambit of ...

Canara Bank Managing Director K Satyanarayana Raju said the bank may sell excess priority sector lending in Q2 to balance its ...