Priority Sector definition

Priority Sector means the sectors as defined in Master Direction - Reserve Bank of India (Priority Sector Lending –Targets and Classification) Directions, 2016 dated July 07, 2016 or as modified from time to time.
Priority Sector means the sectors as defined in Chapter – II on Priority Sector Lending
Priority Sector means a sector or product that has a high growth potential as may be prescribed;

Examples of Priority Sector in a sentence

  • In order to enhance the coverage of GCC Scheme to ensure greater credit linkage for all productive activities within the overall Priority Sector guidelines and to capture all credit extended by banks to individuals for non-farm entrepreneurial activity, the GCC guidelines were revised on December 2, 2013.

  • All NBFC-MFIs shall refer to the directions issued to banks by the Financial Inclusion and Development Department (FIDD) on bank loans to “Micro Finance Institutions (MFIs) – Priority Sector status” with regard to guidelines on priority sector.

  • The Priority Sector Initiatives report compiles nearly 500 workforce initiatives, including hundreds of education and training programs; however, their effectiveness can be studied to determine if training gaps have, in fact, been addressed by the initiatives, or if program improvement or new programs are necessary to fill those gaps.

  • All NBFC-MFIs shall refer to directions issued to banks by the Financial Inclusion and Development Department (FIDD) on bank loans to “Micro Finance Institutions (MFIs) – Priority Sector status” with regard to guidelines on priority sector.

  • The outstanding priority sector lending certificates bought by banks will be eligible for classification under respective categories of priority sector provided the assets are originated by banks, are eligible to be classified as priority sector advances and fulfil the Reserve Bank of India guidelines on Priority Sector Lending Certificates issued vide Circular FIDD.CO.Plan.BC.23/04.09.001/2015-16 dated April 7, 2016.


More Definitions of Priority Sector

Priority Sector means the sectors specified in the Master Direction on Priority Sector Lending (PSL) – Targets and Classification dated September 4, 2020 as updated from time to time.
Priority Sector refers to a specific area of intervention as determined by each State Party within its own development context.
Priority Sector is defined in the same Article 31-A.15 as “a sector that produces manufactured goods, supplies services, or involves mining.” There is no question that the San Xxxxxx mine is a facility in a Priority Sector (i.e. the mining sector). There is, however, a question as to whether the San Xxxxxx mine qualifies as a Covered Facility under Article 31-A.15. 47 Protocol Replacing the North American Free Trade Agreement with the Agreement Between Canada, the United States of America, and the United Mexican States (United States-Mexico-Canada Agreement - USMCA/T- MEC/XXXXX) signed on November 30, 2018, entered into force on July 1, 2020, Article 31-A.2.
Priority Sector means a sector that produces manufactured good, supplies services or involves mining.”
Priority Sector means –Industrial units which fall within the following categories:
Priority Sector means – handicraft enterprises as per Annexure-I.
Priority Sector means a sector or product that has a high growth potential as may be prescribed; "regulatory agency" has the meaning assigned to the words in the Business Regulatory Act, 2014; [Act No. 3 of 2014]