The Reserve Bank of India has issued a number of instructions to - TopicsExpress

The Reserve Bank of India has issued a number of instructions to banks specifying the operational guidelines and incentives in the form of flexibility in loan structuring and refinancing, and also granting exemptions from regulatory pre-emptions, such as, cash reserves ratio (CRR), statutory reserves ratio (SLR) and Priority Sector Lending (PSL). The objective of these instructions is to mitigate the Asset-Liability Management (ALM) problems faced by banks in extending project loans to infrastructure and core industries sectors, and also to ease the raising of long term resources for project loans to infrastructure and affordable housing sectors. Read about these in detail here. rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=31626

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