A STUDY ON TREND ANALYSIS OF PRIORITY SECTOR LENDING TOWARDS HOUSING, EDUCATION AND RENEWABLE ENERGY

Abstract

Mandatory sanctioning to priority sector lending (PSL) is a part of statutory policy framed for nationalized banks in India s directed by RBI. Under the regulations, they are requiring to disburse at least 40 percent of their advances to this sector. The present manuscript focused to examine the trend in long term lending behavior towards housing, education & renewable energy sector these sectors are coming under priority sectors. In this paper an attempt has been made to analyze empirical and descriptive data of the lending to the priority sector towards housing, education and renewable energy sector. It was seen in this study that there is positive trend of priority sector lending by the nationalized banks towards the mentioned sub sectors.