💨 Abstract

The Reserve Bank of India's revised guidelines for Priority Sector Lending have eased credit constraints in the renewable energy sector, according to a report by the State Bank of India. This is due to the RBI's explicit recognition and prioritization of renewable energy under PSL norms, leading to a higher share of non-conventional energy credit within the overall energy credit.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖