How RBI Guides Banks on Livelihood Missions, Disaster Relief, and Inclusive Credit for SCs, STs, and Minorities

Priority Sector Advances, rural banking

The Reserve Bank of India (RBI) periodically consolidates and updates its regulatory guidelines to ensure banks deliver credit in a structured, inclusive, and resilient manner. The latest frameworks matter now because they address three critical fronts: (i) livelihood promotion through ongoing programs such as DAY-NRLM, while formally closing DAY-NULM, (ii) standardized relief measures for borrowers…