RBI Expands LEF Exemptions for PSL Contributions

  Published 1 year ago

RBI expands LEF exemptions to include NHB, SIDBI, and MUDRA deposits for PSL shortfall offsets.

  • RBI broadens LEF exemptions to NHB, SIDBI, and MUDRA for PSL shortfall deposits.
  • Exclusions apply only when contributions offset Priority Sector Lending shortfalls.
  • Enhances banks' flexibility in managing credit exposure portfolios under revised rules.

You might like these

Apple to Open AI Models to Developers

Whistler Whisky Relaunch: New Look & Taste

Tata Consumer Rises on Margin Hopes

Voltas Q1 Profit Falls 58%

Poonawalla Fincorp’s AI Leap

MOIL Shares Surge on Production, Sales

India CPI Falls to 6-Year Low

News that matters the most ⚡