Gold-backed agriculture loans: RBI proposes changes to priority sector lending rules; what could change for borrowers
Mint 1 hr ago·7 Nov 2026, 8:58 am
Excerpt from Mint
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. The Reserve Bank of India ( RBI ) has proposed changes to…Read the original at Mint
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