RBI targets credit-starved districts in the new priority sector lending plan
Aims to address regional disparities in the flow of priority sector credit
There are 184 districts in India with per capita priority sector lending less than Rs 6,000
Small farmers, clean energy projects and start-ups to benefit from the initiative
Targets prescribed for lending to weaker sections will be increased in a phased manner
Bank loans amounting to Rs 50 cr for startups will be classified as priority sector lending