Ordinary Members

PSL Membership

Ordinary Members

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

Regulatory Compliance Support

Networking

OCEN

Industry Insights

View More Benefits

Cost

00

Lakhs + Taxes P.A.

Ordinary Members

Benefits

Regulatory Compliance Support: Access to tailored compliance guidelines.
Networking: Exclusive invitations to PSL events and forums.
OCEN: Guidance and Support in OCEN adoption and implementation
Industry Insights: Regular updates on trends and market analysis.
Capacity Building: Participation in specialized workshops.
Policy Advocacy: Opportunities to influence regulatory policies.
Thought Leadership: Platforms to showcase industry expertise.
Access to Resources: Member-only research papers and toolkits.
Event Discounts: Reduced rates on events and sponsorships.
Brand Recognition: Increased visibility on PSL platforms.
Early Access: Participation in new initiatives and projects.

Organisation with vintage less than 2 years and less than Series A Funding : 1 lakh

Organisations with vinate more than 2 years but less than Series B Funding : 2 lakhs

PSL Membership

Eligibility Criteria of Membership

Institutional Requirements

Relevance: 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.

Sector Alignment: Members must demonstrate a clear alignment with the goals of
promoting financial inclusion, socio-economic development, and responsible lending
practices within the priority sectors.

Compliance and Regulatory Requirements

Adherence to Standards: Members must comply with all applicable laws,
regulations, and industry standards relevant to their operations within the priority
sector lending space.

Ethical Conduct: Members are expected to uphold the highest ethical standards,
ensuring transparency, fairness, and accountability in all their interactions and
business practices.

Regulatory Approvals: For financial institutions and other regulated entities,
membership requires valid regulatory approvals and licenses necessary to operate
within their respective domains.

Financial Stability and Track Record

Financial Health: Members must demonstrate financial stability, including a strong
balance sheet, positive cash flow, and adequate capital reserves, to ensure their
capacity to contribute effectively to the PSL ecosystem.

Track Record: Organizations should have a proven track record of performance,
particularly in the areas of lending, financial inclusion, or development initiatives.
This includes a history of compliance with regulatory requirements and a
commitment to advancing the goals of priority sector lending.

Commitment to Sector Growth

Engagement: Members must be committed to actively participating in PSL
initiatives, including policy advocacy, capacity building, and sector-wide campaigns.

Collaboration: A willingness to collaborate with other members, share knowledge,
and contribute to the collective growth of the priority sector lending ecosystem is
essential for membership.

//PSL Association of India

Why Join Us?

Influence and Leadership

Shape Regulatory Policies: Play a pivotal role in shaping regulatory policies related to priority sector lending, ensuring they align with industry needs and foster sustainable growth.

Policy Advocacy and Representation: Be at the forefront of policy advocacy efforts to influence policy reforms, incentives, and initiatives that support priority sector lending. Engage with regulatory authorities and policymakers to ensure that your interests are represented.

Strategic Advantages

Guided Access to Digital Public Infrastructure: Through our continued support and practical guidance, leverage DPI initiatives such as Open Credit Enablement Network (OCEN) to develop innovative, tailored lending products that enhance access to credit for underserved sectors, driving financial inclusion.

Strategic Partnerships: Forge alliances with other members, industry associations, research institutions, and development agencies to drive collaborative initiatives and innovation in priority sector lending.

Market Expansion and Product Innovation

Expand Your Market Reach: Explore opportunities to tap into underserved segments and geographic regions, increasing your market presence within the priority sector.

Collaborate on Product Innovation: Work with fellow members to create cutting – edge lending products and services tailored to the unique needs of priority sector borrowers, driving market differentiation.

Access to Exclusive Industry Insights

Industry Reports and Research: Gain access to exclusive industry reports, research, and market analysis, providing valuable insights to inform your lending strategies and business decisions.

Regulatory Compliance Support: Receive guidance to navigate complex regulatory frameworks, ensuring compliance with priority sector lending requirements.

Thought Leadership and Branding

Position as a Thought Leader: Contribute to industry discussions, thought leadership pieces, and best practice sharing initiatives, establishing your organization as a leader in priority sector lending.

Enhance Brand Visibility: Increase your brand’s visibility by being featured on PSL Association platforms and communication channels, showcasing your commitment to responsible lending and financial inclusion.

Networking and Community Engagement

Networking Opportunities: Connect with industry leaders, policymakers, and fellow members through networking events, webinars, conferences, and workshops, fostering collaboration and knowledge sharing.

Matchmaking and Mixers: Participate in regular mixers every two months, where members can connect and find partners for co-lending, technology solutions, and other collaborative opportunities.

Professional Development and Exclusive Privileges

Access to Training and Resources: Enhance your team’s skills and capabilities through access to training programs, workshops, and resources in areas such as risk management, compliance, and responsible lending practices.

Exclusive Privileges: Enjoy exclusive benefits, including access to regulatory sandboxes, discounts on events and programs, early access to new initiatives, and personalized support from the PSL Association leadership team.

Enhanced Visibility and Recognition

Recognition and Credibility: Showcase your commitment to responsible lending by being associated with a reputable organization recognized by regulatory authorities and industry stakeholders.

Prestigious Membership: Being part of the PSL Association adds prestige to your organization, highlighting your role in advancing financial inclusion and supporting the growth of priority sectors.

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