-Financial Services Division (finserv@vinodkothari.com)   The Master Direction – Priority Sector Lending – Targets and Classification[1] issued by the Reserve Bank of India (RBI) mandates Scheduled Commercial Banks (SCBs) to lend a specified percentage of their Adjusted Net Bank Credit (ANBC) to the specified ‘needy’ sectors called the Priority Sectors. Further, in order to assist … Continue reading Reckoning banks’ loans to NBFCs for on-lending to priority sectors for PSL targets