By Siddarth Goel (finserv@vinodkothari.com) Introduction The Reserve Bank of India (RBI) issued Master Directions-Priority Sector Lending (PSL) Targets and Classification on September 4, 2020 (‘Master Directions’)[1]. The Master Directions are in the nature of a consolidating piece, of various circulars and guidelines issued by RBI in regard to PSL. The objective of Master Directions is … Continue reading PSL guidelines reviewed for wider credit penetration