Priority Sector Loan

• 

  RBI Hikes Housing Loan Limits Under Priority Sector Lending

  Currently, loans to individuals for up to Rs 28 lakh in metropolitan centres and Rs 20 lakh in other centres, can be classified under priority sector.

• 

  Planning To Buy A House Up To Rs 35 Lakh? There May Be Some Good News For You

  The RBI has decided that it will revise the housing loan limits under Priority Sector Lending (PSL).

• 

  Education Becomes Priority For Pinarayi Vijayan Government

  The Chief Minister Pinarayi Vijayan-led government, which came to power in May 25 last year with a massive mandate, was able to launch a series of education programmes including an education loan repayment scheme and special education programme for transgenders.

• 

  Lenders' Consolidation Next Fiscal Year: Banks Board Bureau Chief

  Consolidation of more banks may begin from next fiscal year as the priority today is to unlock the jammed lending system with the non-performing assets (NPAs) sitting over balance sheets of banking institutions, Banks Board Bureau chief Vinod Rai said on Tuesday.

• 

  Priority Sector Lending Certificate Guidelines to Benefit Banks: Moody's

  Banks with significant gaps in meeting the priority sector loan requirement will benefit from the RBI's guidelines for priority sector lending certificates, Moody's said on Monday.

• 

  Bandhan Sells Rs 500-Crore Loans From Priority Sector Portfolio

  Microlender-turned-universal bank Bandhan on Wednesday said it has sold Rs 500 crore of its loans qualifying as priority sector lending (PSL) to different banks wanting to meet the mandatory 40 per cent target.

• RBI Governor Rajan Frowns on 'Subsidising' Foreign Education Loans

  Calling for a re-think on easy credit, Reserve Bank of India (RBI) Governor Raghuram Rajan has said banks are actually subsidising student education loans for overseas studies under the priority sector lending (PSL) segment.

• 

  Home Loan EMIs Set to Come Down as RBI Eases Lending Norms

  The Reserve Bank has also changed the definition of affordable housing to factor in rising property prices and inflation. In the six metros, property valued up to Rs 65 lakh will qualify for housing loans up to Rs 50 lakh under priority sector lending, while in other cities, property valued at up to Rs 50 lakh will be eligible for housing loans up ...

• RBI norms on loans not to hit MFIs profitability: Icra

  The Reserve Bank's guidelines related to classification of bank loans to Non-Bank Finance Company- Micro Finance Institutions (NBFC-MFIs) under priority sector are unlikely to have a major impact on micro-finance institutions' profitability, rating agency Icra said today.

• Fresh loans to medium enterprises to be priority sector advance: RBI

  The RBI also allowed incremental bank loans to medium services enterprises extended after November 13 to up to Rs 10 crore and raised the loan limit given to micro and small service enterprises to Rs 10 crore from Rs 5 crore that will be treated as priority sector advance.

• RBI ups housing loan limit to Rs 10 lakh for weaker section

  Reserve Bank has doubled the limit for home loans to Rs 10 lakh for consideration under priority sector lending.

• Bank loan to MFIs is priority sector lending: RBI

  The Reserve Bank of India (RBI) on Tuesday said that loans extended by banks to micro-finance institutions (MFIs) from April 1 onward will be classified as priority sector lending. "Bank loans to all MFIs, including NBFCs working as MFIs on or after April 1, 2011, will be eligible for classification as priority sector loans if, and only if, ...