The Reserve Bank of India has today issued the Reserve Bank of India (Priority Sector Lending – Targets and Classification) (Amendment) Directions, 2026. These amendment directions modify certain provisions of the Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025.

2. These amendments have been carried out to (i) align with certain regulatory changes that have been notified separately, (ii) notify the inclusion of the National Cooperative Development Corporation (NCDC) as an eligible entity under the on-lending provisions of the PSL framework subject to certain specified conditions, and (iii) update references relating to certain existing instructions apart from providing clarification on some existing provisions.

3. The amended Directions shall come into effect from the date specified therein.

(Brij Raj)               
Chief General Manager

Press Release: 2025-2026/1947