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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 ...
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]
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 ...
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
Removing twilight zones in the financial sector: every entity operating in the financial space needs to be on the radar of a financial regulator. Focusing on consumer protection- This is the ultimate objective of financial sector regulation as regulation per se is not an objective. Consumer protection has two components; prevention and cure.
Public sector lending [10] forms the central pillar of the OPEC Fund's operations, accounting for more than two-thirds of total, cumulative commitments. These operations are carried out in direct cooperation with the governments of partner countries in support of their national development strategies.
Corporate lending revenues, excluding mark-to-market on loan hedges, decreased 24%, driven by lower revenue share and volumes, partially offset by a smaller impact of Argentina currency devaluation.
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