March 26, 2025 11:53 AM

Revised RBI priority sector lending norms to further boost economy: SBI report

The recent amendments to the priority sector lending (PSL) guidelines by the Reserve Bank of India (RBI) are expected to accelerate economic growth and strengthen key sectors such as MSMEs, agriculture and allied industries, housing, and exports, according to a report by SBI Research released on Wednesday. This week, the RBI issued revised PSL guidelines to facilitate better targeting of bank credit toward priority sectors. The new guidelines will come into effect from April 1. According to th...