https://www.taxtmi.com/news?id=3603 Revisions to Priority Sector Lending retain the overall sector target and add eligible categories: specified loans to Micro and Small Enterprises, housing within prescribed cost limits, food and agro processing, education and vocational loans within set limits, housing for economically weaker sections subject to per unit cost caps, assistance to distressed farmers and limited overdrafts in no frills accounts. The guidelines include loans for off grid renewable energy for households, state sponsored organisations for scheduled castes and tribes, and bank on lending to primary agricultural cooperative societies for agricultural and allied activities. Large foreign banks are phased into parity with domestic banks; smaller foreign banks face an overall target without sub targets. en-us Thu, 09 Aug 2012 18:15:01 +0530 Thu, 09 Aug 2012 18:15:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3603 Revisions to Priority Sector Lending retain the overall sector target and add eligible categories: specified loans to Micro and Small Enterprises, housing within prescribed cost limits, food and agro processing, education and vocational loans within set limits, housing for economically weaker sections subject to per unit cost caps, assistance to distressed farmers and limited overdrafts in no frills accounts. The guidelines include loans for off grid renewable energy for households, state sponsored organisations for scheduled castes and tribes, and bank on lending to primary agricultural cooperative societies for agricultural and allied activities. Large foreign banks are phased into parity with domestic banks; smaller foreign banks face an overall target without sub targets. News - Thu, 09 Aug 2012 18:15:01 +0530 https://www.taxtmi.com/news?id=3603