Priority Sector Lending Meaning
Priority sector plays an important role in the economic development of the country. Therefore, the Central (Federal) Government of any country gives this sector priority (first preference) in obtaining loans from banks at a low rate of interest. This is known as a ‘Priority Sector Lending’.Following important points cover the core meaning of priority sector
Saturday, 11 August 2012
What is Priority Sector Lending ? Meaning Areas
Posted on 23:40 by Unknown
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