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Monday, July 23, 2012 - 19:05 IST
New priority sector lending norms marginally tougher: Analysts
BY Bruhadeeswaran R
A committee headed by MV Nair in August 2011 re-examined the existing classification and submitted its report in February.
The Reserve Bank of India’s revised guidelines on Priority Sector Lending (PSL) released last week looks marginally tougher than the old norms, according to analysts. Most public sector banks in 2011-12 were behind the stipulated target of 40...
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