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SFBs' Target for Lending to Priority Sector Cut

Financial Express Chandigarh

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June 21, 2025

The Reserve Bank of India has cut the overall priority sector lending (PSL) target for small finance banks (SFBs) to 60% from 75% earlier, the central bank said in a release on Friday.

- FE BUREAU Mumbai, June 20

"On a review, it has been decided that financial year 2025-26 onwards, the additional component (35%) of PSL shall be reduced to 20%, thereby making the overall PSL target as 60% of ANBC or C

WEITERE GESCHICHTEN VON Financial Express Chandigarh

Financial Express Chandigarh

Bill Gates backs AI chip startup

BILL GATES' VC fund, Microsoft’s investment arm and Saudi Arabia’s Aramco Ventures are investing $110 million in Neurophos, a chip company that aims to develop a new technology capable of outperforming accelerators used to run AI models.

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1 min

January 26, 2026

Financial Express Chandigarh

The Englishman who listened to India

INDIA WAS WHERE this Englishman was born — in what was then Calcutta (now Kolkata).

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2 mins

January 26, 2026

Financial Express Chandigarh

Anthropic drafts a ‘constitution’ for Claude

ANTHROPIC HAS PUBLISHED a new set of behavioural guidelines for its Claude AI models covering ethics and safety while also laying out guidance for a scenario in which an Al system becomes sentient.

time to read

1 mins

January 26, 2026

Financial Express Chandigarh

Beyond the 6% target

WHY PPPs ARE KEY TO OUR DEMOGRAPHIC DIVIDEND

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

ChatGPT moves forward with CEO’s ‘Last Resort’

HAVING BURNED THROUGH about $8 billion of cash in 2025, Open AI seems in desperate need of revenue.

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

Corporate credit rebounds sharply in Q3

TRENDS SHOW CONSISTENT DEMAND

time to read

3 mins

January 26, 2026

Financial Express Chandigarh

India Inc posts weak profit...

OPERATING PROFIT MARGINS contracted by about 90 basis points, thanks to expenses having risen by 13.8% yo-y, leaving the increase in operating profits at just 7% yo-y.

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

Human systems

HOW DARWINBOX IDENTIFIED A STRUCTURAL GAP IN ENTERPRISE HR, BUILT AN ASIA-FIRST PRODUCT AROUND IT, AND SCALED IT INTO A GLOBAL PLATFORM

time to read

3 mins

January 26, 2026

Financial Express Chandigarh

Renewable firms call for NaBFID-like Green Bank

Industry players say interest rate should be below 8%

time to read

2 mins

January 26, 2026

Financial Express Chandigarh

Searching for speed

TWO THINGS HAPPENED in the last one week that is sure to push badminton lovers into introspection.

time to read

2 mins

January 26, 2026

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