{"id":100890,"date":"2020-09-14T07:47:18","date_gmt":"2020-09-14T07:47:18","guid":{"rendered":"https:\/\/www.edristi.in\/?p=100890"},"modified":"2020-09-14T07:47:21","modified_gmt":"2020-09-14T07:47:21","slug":"rbi-revises-priority-sector-lending-guidelines","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/rbi-revises-priority-sector-lending-guidelines\/","title":{"rendered":"RBI revises priority sector lending guidelines"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question:Consider the following with respect to Priority Sector Lending guidelines:<\/strong><br>(1) Priority sector loans refer to loans that banks need to mandatorily lend to economically weaker sections of the society.<br>(2) For improvement of health infrastructure, credit limit for health infrastructure (including those under \u2018Ayushman Bharat\u2019) has been trippled.<br><strong>Which is\/are correct?<\/strong><br>(a) 1 only<br>(b) 2 only<br>(c) Both 1 and 2<br>(d) None of these<br><strong>Answer:(a)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Context:<\/li><li>Reserve Bank of India has revised Priority Sector Lending guidelines to address regional disparities in the flow of priority sector credit.<\/li><li>Facts:<\/li><li>In the revised guidelines, higher weightage have been assigned to incremental priority sector credit in identified districts where priority sector credit flow is comparatively low.<\/li><li>Bank finance to start-ups up to 50 crore rupees, loans to farmers for installation of solar power plants for solarisation of grid connected agriculture pumps and loans for setting up Compressed Bio Gas (CBG) plants have been included as fresh categories eligible for finance under priority sector.<\/li><li>The targets prescribed for \u201csmall and marginal farmers\u201d and \u201cweaker sections\u201d are being increased in a phased manner.<\/li><li>Loan limits for renewable energy have been increased under the revised guidelines.<\/li><li>For improvement of health infrastructure, credit limit for health infrastructure (including those under \u2018Ayushman Bharat\u2019) has been doubled.<\/li><li>Additional Fact:<\/li><li>Priority Sector lending(PSL): It means those sectors which the Government and RBI consider as important for the development of the basic needs of the country and are to be given priority over other sectors.The banks are mandated to encourage the growth of such sectors with adequate and timely credit.<\/li><li>Under this, Commercial banks including foreign banks are required to mandatorily earmark 40% of the adjusted net bank credit for priority sector lending.<\/li><li>Regional rural banks and small finance banks will have to allocate 75% of adjusted net bank credit to PSL.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>By:Arpit Mishra<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/rbi-revises-priority-sector-lending-guidelines\/articleshow\/77927451.cms#:~:text=NEW%20DELHI%3A%20The%20Reserve%20Bank,line%20with%20emerging%20national%20priorities.&amp;text=in%20May%202018.-,RBIs%20said%20the%20new%20guidelines%20will%20address%20regional%20disparities,flow%20of%20priority%20sector%20credit.\">https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/rbi-revises-priority-sector-lending-guidelines\/articleshow\/77927451.cms#:~:text=NEW%20DELHI%3A%20The%20Reserve%20Bank,line%20with%20emerging%20national%20priorities.&amp;text=in%20May%202018.-,RBIs%20said%20the%20new%20guidelines%20will%20address%20regional%20disparities,flow%20of%20priority%20sector%20credit.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.thehindubusinessline.com\/money-and-banking\/rbi-revises-priority-sector-lending-norms-to-address-regional-disparities-in-credit-flow\/article32522266.ece\">https:\/\/www.thehindubusinessline.com\/money-and-banking\/rbi-revises-priority-sector-lending-norms-to-address-regional-disparities-in-credit-flow\/article32522266.ece<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question:Consider the following with respect to Priority Sector Lending guidelines:(1) Priority sector loans refer to loans that banks need to mandatorily lend to economically weaker sections of the society.(2) For improvement of health infrastructure, credit limit for health infrastructure (including those under \u2018Ayushman Bharat\u2019) has been trippled.Which is\/are correct?(a) 1 only(b) 2 only(c) Both 1 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":100891,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[3721],"class_list":["post-100890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-current-affairs-economics-news-en"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/100890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=100890"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/100890\/revisions"}],"predecessor-version":[{"id":100892,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/100890\/revisions\/100892"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/100891"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=100890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=100890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=100890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}