New Delhi, Jan. 20 -- The Reserve Bank of India (RBI) has issued the Priority Sector Lending - Targets and Classification (Amendment) Directions, 2026, updating the 2025 Master Directions to align with recent regulatory changes, clarify operational provisions, and refine priority sector targets across banks.
NCDC Now Eligible for On-Lending A key change is the inclusion of the National Cooperative Development Corporation (NCDC) under the priority sector on-lending framework.
Loans extended by banks to NCDC will now qualify as priority sector credit, aimed at expanding institutional finance to cooperative societies in agriculture and allied activities.
The RBI has strengthened compliance, reporting, and audit requirements to prevent mis...
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