Main Article Content
Abstract
RBI has assigned a significant role to the commercial banks of providing Priority sector lending (PSL) to the few specified sectors. In a developing country like India, Mandatory sanctioning of Credit or Priority sector lending (PSL) is a part of regulatory framework for the Commercial Banks. These sectors are the deprived sections of the economy, popularly known as Priority sector. Banks play an important role in creation of credit. So, at the time of allocation of credit, they need to lend a specified portion of the credit to the Priority sector. The present study focuses on the structure of Public sector banks, Private sector banks and foreign banks in India and to what extent these banks have successful in implementing the policies of RBI regarding the Priority sector lending (PSL).