Non-bank lenders form priority sector lenders’ body to plug MSME loan shortfall
According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to ₹130 trillion over next 3-5 years. According to RBI norms, banks are required to maintain at least 40% of their adjusted net bank credit as priority sector loans. India’s non-bank lenders are coming together […]
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