explain the recent development of banking
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Reserve Bank of India set norms for Joint Priority Sector Lending. RBI has allowed joint lending to the priority sector. RBI told banks to share a maximum 80% credit risk when they originate priority sector loans jointly with non-banking finance companies (NBFCs).
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Reserve Bank of India set norms for Joint Priority Sector Lending. RBI has allowed joint lending to the priority sector.
Reserve Bank of India set norms for Joint Priority Sector Lending. RBI has allowed joint lending to the priority sector. RBI told banks to share a maximum 80% credit risk when they originate priority sector loans jointly with non-banking finance companies (NBFCs).
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