New guidelines on PSL released by RBI

Reserve Bank Of India (RBI)
  • The Reserve Bank of India (RBI) recently released revised priority sector lending guidelines.
  • New categories eligible for finance under the priority sector now include:
  • Bank finance of up to ₹50 crores to start-ups,
  • Loans to farmers so as install solar power plants for solarisation of grid-connected agriculture pumps,
  • Loans for setting the compressed biogas (CBG) plants
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