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

(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 ...

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

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

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

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 ...

India's finance ministry is considering a proposal to include electric vehicles under the Reserve Bank of India's (RBI) priority sector guidelines, a move that would make it cheaper to raise funds ...

Sanjeev Nautiyal, MD & CEO of Ujjivan Small Finance Bank, details the bank's strategic pivot towards secured lending, ...

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 ...