Rethinking Priority Sector Lending by Banks in India

Revisiting or rethinking about priority sector lending (PSL) in India, is a daunting task given the fact that plethora of committees and researchers have already pondered over it. Still we endeavour to take-up this mammoth task in order to provide bankers’ point of view. A practitioner’s view is always more reliable and authentic than regulators’ or researchers’ view as he/she knows the ground realities in wider set of information. This study is quite different from the others as we revisit PSL norms from the Bankers’ Perspective.

Dr. Tapas Kumar Parida and Mr. Sumit Jain: both are professionals with more than 7 years of work experience in Macro-Economic Research in Leading Commercial Banks and Research Organizations in India. At Present, both are associated with State Bank of India.