PSL Association

PSL Association of India

Welcome to PSL Association of India

The Priority Sector Lenders Association of India (PSL Association) is a body dedicated to advancing the priority sectors of the Indian financial system. Our association unites financial institutions, industry stakeholders, regulatory authorities, and Tech Companies to tackle the unique challenges and capitalize on the vast opportunities within priority sector lending (PSL).

Driving 5X Growth in Priority Sector Lending

Our goal is to catalyze the expansion of the priority sector lending (PSL) industry by creating opportunities that go beyond mere compliance.

PSL Members

Membership Categories

Membership is open to organizations that are directly involved in or support the priority sector lending ecosystem, including financial institutions, service providers, academic institutions, startups, fintech companies, community-based organizations, and international organizations.

Ordinary Members

Banks, NBFCs, MFIs, Housing Finance Companies, Fintechs, and other financial institutions involved in lending to priority sectors ​

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Associate Members

Tech firns, Law firms, financial consulting firms, auditing and accounting firms, and compliance and risk management...

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International Organizations Members

Global foundations, multilateral organizations, development agencies, and philanthropic entities like..

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PSLHome

Explore Membership

How to Become a Member

Explore Membership Categories
Review the different membership categories (e.g., Financial Institutions, Professional Service Providers, Startups) to find the one that best aligns with your organization’s role and objectives within the priority sector lending ecosystem.
Complete the Membership Application
Visit our website and fill out the membership application form. Ensure you provide all required information, including your organization’s background, financial stability, and alignment with PSLAI’s mission.
Submit Required Documentation
Upload necessary documents, such as regulatory approvals, financial statements, and a brief track record of your organization’s contributions to priority sector lending or related initiatives.
Sign the PSL Code of Conduct
Review and sign the PSL Code of Conduct, committing to uphold the ethical standards and practices expected of all members. Confirm your organization’s steps for adopting these guidelines.
Review and Approval Process
Our membership committee will review your application, documentation, and commitment to the Code of Conduct. This process includes a compliance check to ensure alignment with our institutional and regulatory requirements.
Receive Membership Confirmation

Once approved, you will receive a confirmation email with details about your membership benefits, payment instructions, and next steps for getting involved with PSLAI.

Start Engaging

After confirmation, begin participating in PSLAI events, policy advocacy efforts, mixers, and other member activities.

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Our Objectives

Driving 5X Growth in Priority Sector Lending

Our goal is to catalyze the expansion of the priority sector lending (PSL) industry by creating opportunities that go beyond mere compliance.

Public Awareness Campaigns

Develop and distribute digital ads, print materials, and video content to raise awareness about priority sector lending.

Regulatory Compliance Support

Offer training programs and resources to help institutions navigate regulatory frameworks effectively.

Research and Development

Conduct research and analysis to identify challenges and opportunities within the priority sector lending landscape.

Advocacy and Policy Reform

Engage with regulatory authorities, government agencies, and industry associations to advocate for policy reforms supporting priority sector lending.

Technology Adoption and Innovation

Promote the adoption of digital public infrastructure and explore initiatives like OCEN to enhance lending practices.

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Open Credit Enablement Netwowrk

Get to know OCEN

OCEN is an initiative to unbundle lending and enable the creation of specialized entities, each specialized at one part of the job. Therefore, we envision the future of lending to be a partnership between multiple firms individually focused on specializes roles of sourcing/distribution, identity verification, underwriting, capital arrangement, recollections, etc.

Trust

Specialization

Discoverability

Consistency

Reports Policy Papers White Papers Blogs

Knowledge Centre

Stay informed with the latest research and insights into the priority sector lending landscape.

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+91-22-2266-0502
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Address

Regd Office: A-1404, Omkar Meridia CHSL, Opp Equinox, BKC Crossing, Kurla, Mumbai - 400070

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