In terms of the pre-revised guidelines on lending to priority sector, bank loans to other NBFCs (other than MFIs including NBFC-MFIs) for on-lending were not classified under priority sector. We have retained these guidelines.
Loans through MFIs (including NBFC-MFIs), which adhere to criteria prescribed by RBI, have been given PSL status as the credit is expected to be going to the most vulnerable sections of the society and low income groups of the population. Housing 25. In the pre-revised guidelines, housing loans up to Rs.25 lakh were categorised as PSL irrespective of the location.