Search results
Results from the WOW.Com Content Network
Priority Sector Lending Certificates is a tool for promoting comparative advantages among banks while they meet their priority sector lending obligations in India. "Banks with a comparative advantage in lending to the priority sector should earn priority sector lending certificates [social credits] while those falling short of the target would be required to buy priority sector lending ...
Priority sector lending is lending to those sectors of the economy which may not otherwise receive timely and adequate credit. This role is assigned by the Reserve Bank of India to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro- and small enterprises, education, housing for the poor, and other low-income ...
Earlier the Narasimham Committee-I had broadly concluded that the main reason for the reduced profitability of the commercial banks in India was the priority sector lending. The committee had highlighted that 'priority sector lending' was leading to the buildup of non-performing assets of the banks and thus it recommended it to be phased out. [10]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate; Pages for logged out editors learn more
8 Reserve Bank of India Priority Sector Lending Certificates FAQs updated on 22 Nov 2016 1 comment 9 "Market-based pricing" and "Background" edited based on the Reserve Bank of India Annual Report 2016-17
Self-Help's home and business lending has provided low-wealth, minority, rural and female borrowers with over $5.24 billion in financing. [12] Much of this is through Self-Help's national secondary market program, which enables conventional lenders to make more home loans to low-wealth families. Self-Help also develops commercial and ...
A rating of 1 reflects high asset quality and minimal portfolio risks. In addition, lending and investment policies and procedures are in writing, conducive to safe and sound operations and are followed. A 2 rating denotes high-quality assets although the level and severity of classified assets are greater in a 2 rated institution.
Small finance banks (SFB) are a type of niche banks in India.Banks with a SFB license can provide basic banking service of acceptance of deposits and lending.The aim behind these is to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities.