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Abstract

The concept of priority sector emerged from giving due significance to neglected sections of society. These neglected sections actually have tremendous potential to contribute towards national income, generate employment opportunities and form the backbone of economy and provide it new heights if assisted financially to tap the potential. These neglected sections include agriculture, small scale industry, and weaker sections of society aiming for concessional housing and education loans. This study draws a conceptual framework and explains the terminology related to Priority Sector Lending. Also this study throws light on Target setting for various sectors and guidelines given by Reserve Bank of India.

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How to Cite
Dilpreet Kaur, Rakesh Mahajan, & A.S. Sidhu. (2020). Priority Sector Lending in India: Targets and Guidelines by RBI. GIS Business, 15(4), 19-32. Retrieved from https://gisbusiness.org/index.php/gis/article/view/19721