SBI (State Bank of India) has suggested a change to increase investment in infrastructure (like roads, railways, power, etc.).
- It said infrastructure loans should be counted as priority sector loans, so banks can lend more easily
- Or, these loans should be excluded from ANBC calculation, so banks don’t feel pressure from current rules
Right now, RBI says banks must give 40% of their loans to priority sectors, but infrastructure loans are not included in this, which limits funding.
In simple terms: SBI wants easier rules so banks can give more money for infrastructure, as India needs huge investment to achieve its future goals (Vision 2047).
business-standard.