## PSL 1. A ==[short history on Priority Sector Lending](RBI_Notification_20140701_Master%20Circular%20-%20Priority%20Sector%20Lending-Targets%20and%20Classification.pdf#page=2&selection=0,0,0,12)== in the Master Circular-Priority Sector Lending-Targets and Classification, dated July 1, 2014 2. May 3 2011 - [Categorisation](NBFCs.md#^9b48e9) of bank loans to NBFC-MFIs under the priority sector 3. [Aug 13, 2019](RBI_Notification_20190813_Priority%20Sector%20Lending%20–%20Lending%20by%20banks%20to%20NBFCs%20for%20On-Lending.pdf) - RBI allowed the on-lending/indirect lending model for bank credit to NBFCs for Agriculture/MSE/Housing to be eligible for classification as priority sector, subject to conditions. It helped to pump money into NBFCs after the IL&FS crisis. ##  Guidelines/instructions/directives 1. [Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025](https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12799), dated March 24, 2025 1. [Master Directions – Priority Sector Lending (PSL) – Targets and Classification](RBI_Master%20Directions-20200904_Master%20Directions%20–%20Priority%20Sector%20Lending%20(PSL)%20–%20Targets%20and%20Classification.pdf), dated September 04, 2020 *(withdrawn)* 2. [Master Circular-Priority Sector Lending-Targets and Classification](RBI_Notification_20140701_Master%20Circular%20-%20Priority%20Sector%20Lending-Targets%20and%20Classification.pdf), dated July 1, 2014 *(withdrawn)* 3. [Master Circular - Priority Sector Lending- Targets and Classification](RBI_Notification_20150701_Master%20Circular%20-%20Priority%20Sector%20Lending-%20Targets%20and%20Classification.pdf), dated July 1, 2015 *(withdrawn)* 4. [Master Circular - Priority Sector Lending-Targets and Classification](RBI_Notification_20130701_Master%20Circular%20-%20Priority%20Sector%20Lending-Targets%20and%20Classification.pdf), dated July 1, 2013 *(withdrawn)* 2. [FAQs on Priority Sector Lending (PSL)](https://rbi.org.in/scripts/FAQView.aspx?Id=87), 3. July 1, 2014 - Master Circular - Priority Sector Lending-Targets and Classification, up to June 30, 2014 ## Related Notes 1. [General Credit Card (GCC) Facility](General%20Credit%20Card%20(GCC)%20Facility.md) 2. [Differential Rate of Interest (DRI) scheme](Differential%20Rate%20of%20Interest%20(DRI)%20scheme.md) 3. [NBFC-MFI](NBFCs.md#NBFC-MFI)