PRIORITY SECTOR LENDING TO INCLUDE START-UPS

About:

• The changes include broadening the scope of PSL to include start-ups, increasing the limits for renewable energy, including solar power and compressed biogas plants and increasing the targets for lending to small and marginal farmers and weaker sections under the PSL.
  
  
• To address the regional disparities in the flow of priority sector credit, an incentive framework has been put in place for banks.
  
  
• While higher weight will be assigned for incremental priority sector credit in the identified districts where credit flow is comparatively lower, a lower weight would be assigned to incremental priority sector credit in identified districts where the credit flow is comparatively higher.