Ultimately, it “transitions priority sector lending from a lender’s market to a borrower’s market, offering MSMEs greater choice”, he adds. Notably, priority sector lending is distinct ...

PSLAI has been conceptualised to focus on loans under the Priority Sector Lending (PSL) norms, which are a key business vertical for banks and NBFCs. Indian Software Products Industry Round Table ...

MUMBAI: India's non-bank lenders are coming together to set up a first-of-its-kind industry body for priority sector lending. The Priority Sector Lenders Association of India (PSLAI) as it is ...

Canara Bank reported a significant 12.25% increase in net profit for Q3 2024-25, reaching Rs 4,104 crore. The surge is attributed to higher income and improved asset quality. The bank also met its ...

The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakh per borrower. Hence, NBFCs funding to MSEs is now restricted ...

Nabard has pegged total priority sector credit potential in Andhra Pradesh for 2025-26 at ₹4.24 lakh crore, marking an ...

Sharad Sharma, co-founder of iSPIRT, highlighted that PSLAI's primary focus will be to advocate for reforms like liberalised risk weightage on priority sector lending (PSL) portfolios, the ...