PSBs told to draw up plan to boost rural and informal sector lending
Government directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised sectors, marginalised groups, and rural populations. This strategy aims to prevent credit crunches for small borrowers and MS…
New Delhi: The government has asked state-run banks to submit a list of successful "Lighthouse Initiatives" that can be adopted across the system as part of their FY27-29 board-level strategy, and to… [+2533 chars]