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Which among the following categories is/are eligible for finance under the revised Priority Sector Lending (PSL) guidelines released by Reserve Bank of India (RBI)?
Select the correct statement.
1 only
2&3 only
3 only
All of the above
Recently, the Reserve Bank of India (RBI) has released revised priority sector lending guidelines to augment funding to segments including start-ups and agriculture. The revised guidelines will enable better credit penetration to credit deficient areas, increase lending to small and marginal farmers and weaker sections, boost credit to renewable energy, and health infrastructure Fresh categories that are eligible for finance under the revised PSL guidelines:
Higher weightage has been assigned to incremental priority sector credit in ‘identified districts’ where priority sector credit flow is comparatively low.
Hence all statements are correct.
By: Shubham Tiwari ProfileResourcesReport error
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