Page 2 - Priority Sector News Today

The Reserve Bank of India is considering a proposal from banks to include loans to solar panel manufacturers in the priority sector lending category. The decision is expected to be made within the next two to three months. The recommendation comes after discussions between banks, the Ministry of Finance, and the Ministry of Renewable Energy regarding financing issues faced by solar photovoltaic makers.

Vinod Chandrashekhar Dixit Bank of India has travelled a long way gaining strength, braving strong winds of change and now it is going to be 117 years young Bank. BOI is a great Institution as it has been strong historically, culturally and has been a leader all through and has allowed to be challenged. Bank

Sitharaman said that GoI under the leadership of Hon’ble Prime Minister, Sh. Narendra Modi Ji is taking every possible step to ensure that poorest of the poor can have access to banking facilities even in the remotest corner of the country.

Dr Amit Kapoor, Amitabh Kant - Simplifying and streamlining the regulatory environment for businesses and fostering access to capital are the two main areas to concentrate on for enhancing the ease of doing business and moving to larger firms, , Magazine 03 June 2023, Startup India

The Credit Deposit ratio in Assam has in creased to 57.5% but continues to be quite less than the all India average of 75%. The CD ratio in several districts is less than 40%

The RBI Governor Shaktikanta Das held a meeting with the representatives of National Federation of Urban Co-operative Banks and Credit So

CreditAccess Grameen Limited has completed three Direct Assignment transactions aggregating to Rs. 936.63 Crore and a PTC transaction of Rs. 98.77 Crore during the month of March 2023.

The State Credit Seminar 2023-24 was organized by the National Bank for Agriculture and Rural Development (NABARD) here on Wednesday. The strategy was brainstormed for convergence and synergy of programs/schemes of the State Government, NABARD, Banks, and other agencies in the seminar. On this

The apex body of Urban Cooperative Banks-NAFCUB’s delegation led by its President Jyotindra Mehta met

Karnataka Bank and Paisalo Digital Ltd have entered into a Co-Lending arrangement to provide financial support to small income segment and to give impetus to the Micro & Small Enterprise Segment of the country.