Rules tightened for classifying gold-backed farm loans as PSL

Rules tightened for classifying gold-backed farm loans as PSL

MUMBAI: RBI has proposed tighter rules for classifying gold-backed farm loans as priority sector lending (PSL), requiring banks to verify borrowers'

RBI proposes tighter farm loan verification, new PSL calculation norms - tennews.in: National News Portal

New Delhi, Nov 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 Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, […] The post RBI proposes tighter farm loan verification, new PSL…

RBI proposes tighter farm loan verification, new PSL calculation norms

New Delhi, Nov 7 (SocialNews.XYZ) 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.... - Social News XYZ