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Raise priority sector lending target for foreign banks to 40%: RBI panel
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22 Feb 2012, 12:03 AM IST 
Ravi Ruia, promoter of Essar Group
An RBI panel today called for a steep 8 percentage points rise in the priority sector lending (PSL) target for foreign banks to 40 per cent to bring them at par with the domestic banks, and proposed hike in education loan ceiling by Rs 5 lakh.
