India's central bank cuts small finance banks' lending requirement to priority sectors
India's central bank cuts small finance banks' lending requirement to priority sectors

India’s central bank cuts small finance banks’ lending requirement to priority sectors

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India’s central bank cuts small finance banks’ lending requirement to priority sectors

Small finance banks currently have to extend 75% of their loans to priority sectors. After a review, the Reserve Bank of India has effectively cut the requirement to 60%.

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A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai, India, June 6, 2025. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights , opens new tab

June 20 (Reuters) – India’s central bank on Friday reduced the mandated portion of lending that small finance banks have to extend to priority sectors such as agriculture and small businesses, lowering it by 15 percentage points.

Small finance banks currently have to extend 75% of their loans to priority sectors. After a review, the Reserve Bank of India has effectively cut the requirement to 60% of total lending.

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Reporting by Manvi Pant in Bengaluru; Editing by Vijay Kishore

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Source: Reuters.com | View original article

India’s central bank cuts small finance banks’ lending requirement to priority sectors

Small finance banks currently have to extend 75% of their loans to priority sectors. After a review, the Reserve Bank of India has effectively cut the requirement to 60%.

Read full article ▼
(Reuters) -India’s central bank on Friday reduced the mandated portion of lending that small finance banks have to extend to priority sectors such as agriculture and small businesses, lowering it by 15 percentage points.

Small finance banks currently have to extend 75% of their loans to priority sectors. After a review, the Reserve Bank of India has effectively cut the requirement to 60% of total lending.

(Reporting by Manvi Pant in Bengaluru; Editing by Vijay Kishore)

Source: Marketscreener.com | View original article

Source: https://www.reuters.com/world/india/indias-central-bank-cuts-small-finance-banks-lending-requirement-priority-2025-06-20/

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