Priority Sector Lending


Priority sector was first properly defined in 1972, after the National Credit Council emphasized that there should be a larger involvement of the commercial banks in the priority sector. The sector was then defined by Dr. K S Krishnaswamy Committee.Objective of Priority Sector TargetsThe overall objective of priority sector lending programme is to ensure that adequate institutional credit flows …

You need to be a member of Integrated IAS General Studies Programme to view this content.

Last Updated: July 8, 2016

Tags: , , ,