What Is Priority Sector Lending (psl) And Why Are Banks Required To Meet Targets?

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About Lecture-
1.What is PSL
Priority sector lending categories:
The targets for lending to SMFs and for Weaker Sections shall be revised upwards from FY 2021-22
2.Key Findings
Punjab State warehousing corporation
3. Benefits of NWR
Farmers  -   Better Price     Timely Credit                       Reduce storage losses
Banks   -  Reduce cost           Reduce risk                       Reduce TAT
GOI   -   Centralized Monitoring                 Reduced cost                    Rural Development
4. Questions from previous year paper

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