The apex industry body has also called for the creation of a high-level committee to review PSL norms while pitching for setting up more Development Finance Institutions (DFIs) to support emerging sectors.
PSL, a key policy tool mandated by the Reserve Bank of India (RBI), ensures banks allocate a portion of their loans to crucial sectors such as agriculture, education, housing, and small industries. This mechanism has been instrumental in ensuring equitable credit distribution and fostering socio-economic development across underserved regions.
The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant.
この記事は Business Standard の December 23, 2024 版に掲載されています。
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この記事は Business Standard の December 23, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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