Page 2 - Priority Sector Lending
RBI relief measures may cushion NPA blow from second Covid wave: Analysts
Analysts see the RBI's announcements to be sentimentally positive for the banking sector even as Covid-19 situation remains dynamic
 "RBI relief measures may cushion NPA blow from second Covid wave: Analysts")
SFB loan to MFIs for on-lending to be classified as priority sector lending
The Reserve Bank of Indian has decided to allow the classification of priority sector lending for loans given by small finance banks to micro-finance institutions (MFI) for on-lending to individuals
 "SFB loan to MFIs for on-lending to be classified as priority sector lending")
NBFCs seek special fund from govt for providing 3-5 yrs term loans
Industry body says funding is currently available only for 6-18 months under various schemes
 "NBFCs seek special fund from govt for providing 3-5 yrs term loans")
Tamil Nadu opposes provision in Master Directions for priority lending
CM Palaniswami says state seems to have been singled out for adverse treatment as all 32 districts (prior to bifurcation) have been categorised as having comparatively high flow of priority credit
 "Tamil Nadu opposes provision in Master Directions for priority lending")
Increased risks for banks
Changes in priority sector lending should be revisited
 "Increased risks for banks")
Priority sector lending: Farms, education pose challenges
As on Aug 18, education loans outstanding were Rs 59,300 cr against Rs 61,500 cr as on Aug 19, 2016
 "Priority sector lending: Farms, education pose challenges")
Priority sector lending: Missing the woods for the trees?
Tweaking existing guidelines will help align priority sector lending with current realities
 "Priority sector lending: Missing the woods for the trees?")