priority sector lending

Indian banks, FIs losing out “big time” by not financing RE sector, says RK Singh

July 21, 2023 · Banking

Indian banks and financial institutions (FIs) are “losing out big time” by not financing renewable energy projects in India, RK Singh, the Union Power Minister said. The minister…

Bank of India launches “Centralised Pool Buy-Out and Co-Lending Cell” to boost priority sector lending

June 27, 2023 · Banking

Bank of India has launched a ‘Centralized Pool Buy-Out and Co-Lending Cell’ to boost priority sector lending. The Cell, which is housed in the Bank’s Mumbai headquarters, will be equipped with an end-to-end digital underwriting system to onboard pool buy-out and co-lending…