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