Priority sector lending certificates gain traction, cross Rs 6 lakh crore mark

The Reserve Bank of India's push for priority sector lending is accelerating with the PSL Certificates trading gaining traction at more than Rs. 6 lakh crores. This opens up new vistas of credit for the rural households as well as MSMEs through NBFCs and Housing Finance Companies.

from Banking/Finance-Industry-Economic Times https://ift.tt/M5VrNm2