RBI proposes ₹100-crore priority sector lending limit for agri infra, food processing
Summary
Under the draft rules, loans for agriculture infrastructure will be eligible for PSL classification subject to an aggregate sanctioned limit of ₹100 crore per borrower across the banking system. A similar limit has been proposed for food and agro-processing activities.
Description from Livemint.
Who is covering this
-
RBI proposes ₹100-crore priority sector lending limit for agri infra, food processing
Under the draft rules, loans for agriculture infrastructure will be eligible for PSL classification subject to an aggregate sanctioned limit of ₹100 crore per borrower across the banking system. A similar limit has been proposed for food and agro-processing activities.
Comments
Comments need JavaScript.