A Study for Identifying Reasons for Low Preference of Priority Sector Lending of Indian Commercial Banks

In Indian Economy Priority Sector Lending implies giving money related help to those sectors of economy which are not getting sufficient institutional financial help. The idea of PSL has been begun since 1970s in India. It has also been observed that bank officials not prefer to give loans under PSL and customers are also facing problems while taking loan under PSL. The study found the reasons of low inclination practices of PSL among bank officials and customers. For this a review of 112 bank officials and 400 clients of various categories of PSL have been done through structured questionnaire. Data has been analyzed with the help of exploratory factor analysis and one way Anova.