Mumbai: Economists at the country's largest lender SBI on Tuesday pitched for a comprehensive review of the priority sector lending (PSL) guidelines, including the classification of infrastructure loans under the mandatory slabs.
Citing the steep surge in PSL Certificates (PSLCs) trading to Rs 12.2 lakh crore in FY25 against Rs 1.8 lakh crore in FY18, the economists noted that, excluding such buys or money parked in the rural infrastructure development fund, no bank is able to fulfil the 40 per cent PSLC target.
