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RBI revises its incentive framework to push banks to increase the flow of priority sector credit

By Economic Times - 3 months ago
The Reserve Bank of India has revised its incentive framework to push banks to increase the flow of priority sector credit to districts with lower credit flow. The central bank has assigned a higher weight of 125% to the incremental priority sector credit in districts with per capita priority sector credit less than Rs 9000, effective from FY25.

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