Trading volume of PSLCs up substantially: RBI
Kolkata, Aug 29 : The Priority Sector Lending Certificates (PSLCs) scheme is gaining popularity as the total trading volume of the platform stood at Rs 1,843.3 billion at the end of last financial year, up from Rs 498 billion in the previous year, the Reserve Bank of India (RBI) said on Wednesday.
The PSLCs scheme was introduced in April 2016 as a mechanism to incentivise banks which surpass their targets in lending to different categories under the priority sector.
"The PSLC platform saw active participation from all the eligible entities including Urban Cooperative Banks (UCBs) and Small Finance Banks (SFBs) during 2017-18. At end-March 2018, total trading volume of PSLCs was Rs 1,843.3 billion as against Rs 498 billion at end-March 2017," the central bank said in its latest Annual Report released on Wednesday.
In a manner similar to carbon credit trading, PSLCs allow market mechanism to drive the priority sector lending by leveraging the comparative strength of different banks.
Explaining the scheme, the apex bank said a bank with an expertise in lending to small and marginal farmers can exceed targets and derive benefits by selling the over-achieved credit target through PSLCs. Another bank that is better at lending to small enterprises can buy these certificates while selling PSLCs for micro-enterprise loans.
Among the four PSLC categories, the highest trading was observed in the case of PSLC general and PSLC small and marginal farmer with the transaction volumes being Rs 796.72 billion and Rs 696.22 billion, respectively, it said.
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Bengaluru: A new health report has revealed that over 75% of Karnataka's population screened in 2024 is either obese or overweight, highlighting an alarming rise in lifestyle-related health issues.
According to the Health of the Nation 2025 report by Apollo Hospitals, as cited by The New Indian Express on Tuesday, 56% of those screened were diagnosed as obese, while another 21% were classified as overweight.
The report underscores a growing public health crisis, driven by sedentary lifestyles, poor nutrition, and undiagnosed chronic conditions that often do not show visible symptoms. The annual report, which examined health data from over 2.5 million preventive screenings conducted across the Apollo ecosystem in India, reveals that symptom-based healthcare is increasingly insufficient to address these hidden health risks.
In Karnataka, the report found that 28% of the individuals screened were hypertensive, with half of them classified as pre-hypertensive. Diabetes was found in 20% of the population, with an additional 25% falling into the pre-diabetic category. These figures reflect the rising metabolic stress among asymptomatic individuals, many of whom are unaware of their conditions.
Additionally, the report noted that 84% of the screened individuals in the state had low vitamin D levels, which can negatively impact bone health and immunity. Furthermore, 64% exhibited reduced flexibility, affecting musculoskeletal wellness.
Dr Prathap C. Reddy, Chairman of Apollo Hospitals, emphasised the need for India to shift towards a preventive health culture. "Early screening, personalised interventions, and health education should become integral to our homes, schools, and workplaces," TNIE quoted him as saying.
The report also highlighted several other health threats, including fatty liver disease, post-menopause health risks, and childhood obesity. Of the 2.5 million people screened nationally, 65% had fatty liver with 85% of those cases being non-alcoholic. Heart disease signs were present in 46% of asymptomatic individuals, while post-menopausal women saw a sharp increase in both obesity (from 76% to 86%) and diabetes (from 14% to 40%).
Childhood obesity is also becoming a significant concern, with the report revealing that 28% of college students were either overweight or obese, and 19% showed signs of prehypertension.
Mental health issues, often under-reported, emerged as another area of concern, with 7% of women and 5% of men screened nationwide showing symptoms of clinical depression, particularly among the middle-aged population.
