New Delhi, July 7 (IANS) Priority Sector Lending limits should be expanded and new categories should be added to ensure credit can meet evolving development priorities in line with Viksit Bharat at 2047 goals, a report said on Tuesday.New areas to be considered for PSL lending include ESG Financing, SDG Commitment, Infrastructure Lending, Financing to EV Ecosystem, etc, report from SBI Research said.Banks are able to meet the 40 per cent overall target PSL (provisional FY26 estimate indicates ov…
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New Delhi, July 3 (IANS) The Federation of Indian Export Organisations (FIEO) on Friday urged the government to restore export credit as a strategic priority, address rising logistics costs, create a dedicated green transition fund for exporters, and operationalise long-pending GST refunds for foreign tourists, saying these measures are critical to sustaining India’s export growth and enhancing global competitiveness.In its recommendations submitted during the Board of Trade (BOT) meeting held i…
New Delhi, May 29 (IANS) India’s securitisation market remained resilient in FY26 despite a modest slowdown in retail transactions, a report said on Friday, pointing to strong credit performance and regulatory tailwinds.The report from CareEdge Ratings said retail securitisation volumes moderated by approximately 6 per cent in FY26 to Rs 2.53 lakh crore, but maintained a constructive outlook on the sector as the underlying macroeconomic environment remains supportive.The report noted key struc…
New Delhi, April 4 (IANS) The share of MSMEs in India’s GDP will rise to 40 per cent by 2030, from about 30 per cent currently, a report said on Saturday.The report from B2K Analytics said India’s GDP is projected to reach Rs 537.96 trillion by 2030 if current growth trend continues, lifting the MSME sector’s contribution to roughly 40 per cent, or about Rs 215.18 trillion.The MSME sector’s total funding requirement is estimated at Rs 162.92 trillion by 2030, the report added.Out of the to…