▪️PRIORITY_SECTOR_LENDING [PSL] ➡️ 8 sectors=
(1) Agriculture
(2) Micro, Small and Medium Enterprises
(3) Export Credit
(4) Education
(5) Housing
(6) Social Infrastructure
(7) Renewable Energy
(8) Others = personal loans to weaker section, loans to distressed persons, loans to state sponsored organisations for SC/ST.
▪️ Mandatory for =
1) Public sector bank
2) Private sector bank
3) Foreign bank
4) Regional Rural Bank (RRB)
▪️ Not mandatory for =
Cooperative Banks and NBFC