<ul><li>The revised priority sector lending (PSL) norms include an increased definition of affordable housing loans, with housing loans of up to ₹50 lakh now qualifying for PSL.</li><li>PSL limits for non-conventional energy projects have also been raised, specifically for loans towards solar and biomass power equipment and street lighting systems.</li><li>Ceiling on loans for weaker sections has been lifted, with individual eligibility limits for artisans and women borrowers increasing from ₹1 lakh to ₹2 lakh.</li><li>However, the frequent tinkering with PSL norms raises questions about the necessity for a comprehensive review of the 40% PSL mandate itself.</li></ul>

Priority sector lending norms need thorough review

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