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The Funding Offered by Allahabad Bank to Key Industries: A Study of Priority Sector Lending

Rohit Raj Ashish Raj Ashish

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Paper Contents

Abstract

This paper explores the pivotal role played by Allahabad Bank in financing India's key industries through its structured priority sector lending (PSL) strategy. Emphasis is placed on agricultural financing, MSME support, and contributions to weaker sections of society. Using secondary data sources including bank annual reports, government policies, and RBI guidelines, the study evaluates the banks performance against mandated targets. The findings highlight significant improvements in lending metrics post-2021 and suggest actionable reforms to enhance credit outreach and effectiveness.

Copyright

Copyright © 2025 Rohit Raj Ashish. This is an open access article distributed under the Creative Commons Attribution License.

Paper Details
Paper ID: IJPREMS50600029451
ISSN: 2321-9653
Publisher: ijprems
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The International Journal of Progressive Research in Engineering, Management and Science is a peer-reviewed, open access journal that publishes original research articles in engineering, management, and applied sciences.

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