From The Morung Express
CenterRBI proposes tighter farm loan verification, new PSL calculation norms
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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center · 1 outlet
New Delhi, November 7 (IANS): The Reserve Bank of India (RBI) has proposed tighter documentation requirements for agricultural loans and changes to priority sector lending (PSL) calculations with implications for treatment of certain trade-credit exposures.The report said the proposals in the draft…
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right · 1 outlet
The RBI has proposed tighter checks for banks classifying gold-backed agricultural loans as priority sector lending (PSL). It has also proposed changes to the treatment of bills discounted under letters of credit, which could increase banks' PSL requirements.
— Livemint
RSS excerpt
New Delhi, November 7 (IANS): The Reserve Bank of India (RBI) has proposed tighter documentation requirements for agricultural loans and changes to priority sector lending (PSL) calculations with implications for treatment of certain trade-credit exposures.The report said the proposals in the draft…
