E-PaperPriority Sector Lending News
RBI releases guidelines on co-origination of loans by banks, non-deposit taking NBFCs
Under the new guidelines, NBFCs will take minimum 20% of the credit risk by way of direct exposure, with the balance being taken by banks
2 min read21 Sep 2018Teamwork between NBFCs and banks a boon for small borrowers
RBI has proposed that banks meet their priority sector lending targets through co-origination of loans with NBFCs
2 min read6 Aug 2018Time to do away with priority lending norms
The banking sector should be allowed to grow its balance sheets, and do business with reference to the bottom lines
4 min read3 May 2018RBI gets tough on MNC banks on priority sector lending
The RBI move, directed at foreign banks with over 20 branches will impact the likes of Standard Chartered, Citi and HSBC and will come into force from the next financial year
2 min read4 Mar 2018We are trying to build a customer base that is not based on higher interest rates alone: Samit Ghosh, Ujjivan Small Finance Bank
Samit Ghosh on small finance bank operations, how the transition has been like, new services offered, road ahead, and more
7 min read15 Jan 201819% of India’s population still unbanked: Assocham-EY report
Govt and RBI have made several efforts to promote financial inclusion, but a significant percentage of the population remains unbanked due to lack of last-mile connectivity
1 min read24 Jul 2017Loan securitisation volumes rose 34% to ₹9,000 crore in FY17: ICRA
Volume of micro loan securitisation saw a sharp reduction due to the impact of demonetisation
1 min read10 May 2017IFMR , SMBC tie up to facilitate investments in priority sector
The partnership will help Japan's SMBC leverage Chennai-based IFMR's expertise in the financial inclusion space to build its priority sector book
2 min read9 Mar 2017RBI needs a new monitoring culture
It is time for RBI to keep in step with the change and reformulate its monitoring and tracking indicators
4 min read8 Aug 2016Innovation in priority sector lending
It has the potential to increase efficiency in banking without sacrificing on larger inclusion and equity goals
4 min read23 Apr 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared