RBI classifies NCDC on-lending loans as priority sector lending

Exam-focused facts from the 14 February 2026 current affairs briefing.

Key facts

Reserve Bank of India (RBI) announced that loans sanctioned by banks to National Cooperative Development Corporation (NCDC) w.e.f. 19 January 2026 for on-lending to cooperative societies are eligible for classification as priority sector lending.
The classification applies to banks other than Regional Rural Banks, Urban Cooperative Banks, Small Finance Banks and Local Area Banks.
The loans must comply with purposes and activities laid down in the Master Direction on Priority Sector Lending, 2025.