With the recent changes to the category of "weaker sections" (priority sector lending), loans doled out to Azim Premji in Bangalore and Sharukh Khan in Mumbai would be classified as such since they belong to the minority community.
As the list of priority sector lending is expanding (diluting?), soon it will cease to mean anything. That is the silver lining though banks will continue to suffer administrative costs of maintaining and showing compliance.
As the list of priority sector lending is expanding (diluting?), soon it will cease to mean anything. That is the silver lining though banks will continue to suffer administrative costs of maintaining and showing compliance.
No comments:
Post a Comment