{"id":857,"date":"2025-03-24T20:25:00","date_gmt":"2025-03-24T20:25:00","guid":{"rendered":"https:\/\/jbco.co.in\/review-of-priority-sector-lending-psl-target-urban-co-operative-banks-ucbs\/"},"modified":"2025-03-24T20:25:00","modified_gmt":"2025-03-24T20:25:00","slug":"review-of-priority-sector-lending-psl-target-urban-co-operative-banks-ucbs","status":"publish","type":"post","link":"https:\/\/jbco.co.in\/?p=857","title":{"rendered":"Review of Priority Sector Lending (PSL) Target \u2013 Urban Co-operative Banks (UCBs)"},"content":{"rendered":"\n\n
\n

RBI\/2024-25\/130
DOR.CRE.REC.69\/07.10.002\/2024-25<\/p>\n

March 24, 2025<\/p>\n

Primary (Urban) Co-operative Banks other than Salary Earners\u2019 Banks<\/p>\n

Madam \/ Dear Sir,<\/p>\n

Review of Priority Sector Lending (PSL) Target \u2013 Urban Co-operative Banks (UCBs)<\/p>\n

In terms of paragraph 3 of the circular DOR (PCB).BPD.Cir No.10\/13.05.000\/2019-20 dated March 13, 2020<\/a>, read with paragraph 2 of the circular DOR.CRE.REC.18\/07.10.002\/2023-24 dated June 8, 2023<\/a>, UCBs are required to achieve an overall PSL target of 75 per cent of ANBC1<\/a><\/sup> or CEOBSE2<\/a><\/sup>, whichever is higher, by FY2025-26, with interim targets of 60 per cent (FY2023-24) and 65 per cent (FY2024-25).<\/p>\n

2. On a review, it has been decided that the overall PSL target for UCBs shall stand revised, FY2024-25 onwards, to 60 per cent<\/span> of ANBC or CEOBSE, whichever is higher. The other provisions contained in the circular DOR.CRE.REC.18\/07.10.002\/2023-24 dated June 8, 2023<\/a>, shall remain unchanged.<\/p>\n

3. Instructions contained in this circular supersede the extant relevant instructions as given in Annex<\/a> to this circular.<\/p>\n

Yours faithfully,<\/p>\n

(Vaibhav Chaturvedi)
Chief General Manager<\/p>\n

\n

<\/a>Annex \u2013 Specific paragraphs of certain circulars that stand superseded<\/p>\n\n\n\n\n
Sr. No.<\/td>\nCircular<\/td>\nDate of Issue<\/td>\nSubject<\/td>\n<\/tr>\n
1.<\/td>\nProvisions relating to overall PSL target contained in paragraph 2 of the circular DOR.CRE.REC.18\/07.10.002\/2023-24<\/a><\/td>\nJune 8, 2023 <\/td>\nPriority Sector Lending (PSL) targets \/ sub-targets and contribution against shortfall in achievement of PSL targets \u2013 Primary (Urban) Co-operative Banks (UCBs) – Extension of time<\/td>\n<\/tr>\n
2.<\/td>\nProvisions relating to overall PSL target contained in paragraph 3 of the circular DOR (PCB).BPD.Cir No.10\/13.05.000\/2019-20 <\/a><\/td>\nMarch 13, 2020<\/td>\nLimits on exposure to single and group borrowers\/parties and large exposures and Revision in the target for priority sector lending \u2013 UCBs.<\/td>\n<\/tr>\n<\/table>\n
\n

<\/a>1<\/sup> Adjusted Net Bank Credit.<\/p>\n

<\/a>2<\/sup> Credit Equivalent Amount of Off-balance Sheet Exposure.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

RBI\/2024-25\/130 DOR.CRE.REC.69\/07.10.002\/2024-25 March 24, 2025 Primary (Urban) Co-operative Banks other than Salary Earners\u2019 Banks Madam \/ Dear Sir, Review of Priority Sector Lending (PSL) Target \u2013 Urban Co-operative Banks (UCBs) In terms of paragraph 3 of the circular DOR (PCB).BPD.Cir No.10\/13.05.000\/2019-20 dated March 13, 2020, read with paragraph 2 of the circular DOR.CRE.REC.18\/07.10.002\/2023-24 dated June […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-857","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=857"}],"version-history":[{"count":0,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/857\/revisions"}],"wp:attachment":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}