What is Priority Sector Lending? Priority Sector means those sectors which the Government of India and Reserve Bank of India consider as important for the development of the basic needs of the country and are to be given priority over …
News: The Ministry of Commerce and Industry has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for Micro, Small and Medium-scale (MSME) exporters till August 31. Through the scheme, banks provide loans to exporters at reduced …