<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Finance minister asks public sector banks to step up lending to productive sectors</title>
    <link>https://www.taxtmi.com/news?id=47850</link>
    <description>Public sector banks were directed to deepen corporate lending in productive sectors while maintaining robust underwriting and risk management standards, with special emphasis on financing renewable and sustainable energy and developing credit models for indigenously designed small modular nuclear reactors. Banks must expand branch outreach, enhance digital and multilingual customer services, strengthen the Business Correspondent network, and actively participate in a three-month financial inclusion saturation campaign focused on KYC, re KYC, unclaimed deposits and priority inclusion schemes, while implementing the New Credit Assessment Model for MSMEs to broaden capital access.</description>
    <language>en-us</language>
    <pubDate>Fri, 27 Jun 2025 22:16:03 +0530</pubDate>
    <lastBuildDate>Fri, 27 Jun 2025 22:16:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=832208" rel="self" type="application/rss+xml"/>
    <item>
      <title>Finance minister asks public sector banks to step up lending to productive sectors</title>
      <link>https://www.taxtmi.com/news?id=47850</link>
      <description>Public sector banks were directed to deepen corporate lending in productive sectors while maintaining robust underwriting and risk management standards, with special emphasis on financing renewable and sustainable energy and developing credit models for indigenously designed small modular nuclear reactors. Banks must expand branch outreach, enhance digital and multilingual customer services, strengthen the Business Correspondent network, and actively participate in a three-month financial inclusion saturation campaign focused on KYC, re KYC, unclaimed deposits and priority inclusion schemes, while implementing the New Credit Assessment Model for MSMEs to broaden capital access.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Fri, 27 Jun 2025 22:16:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=47850</guid>
    </item>
  </channel>
</rss>