

State Bank of India’s economic research department has suggested revision in the priority sector lending (PSL) guidelines through an increase in the limits of various categories of loans, including home loans and education loans that qualify as PSL
India's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directed credit might not lead to higher economic growth. The analysis indicates that while these policies have helped reduce p…
EAC-PM highlights that priority sector lending fosters inclusion but warns it doesn't guarantee economic growth, urging targeted interventions instead.