A crop loan in Vidarbha is a climate exposure. A dairy unit in Bundelkhand is a climate exposure. A warehouse in coastal Odisha is a climate exposure. We just did not price it that way. The global conversation has moved fast — TCFD, ISSB, green taxonomies, blended finance, transition finance. But the real work is quieter and harder. It is sitting with a credit officer in a rain-fed district and asking: what happens to this portfolio when the monsoon shifts by three weeks? Wha

Priority Sector Lending targets create both obligations and opportunities. Most institutions treat PSL as a compliance burden. The smarter ones treat it as a portfolio strategy opportunity. Here is what effective PSL optimisation looks like in practice. Know your sub-target gaps early.  Agriculture, small and marginal farmers, weaker sections — each has its own sub-target. Most shortfalls are not in overall PSL but in specific sub-targets. Identify your gaps in Q1, not Q4. Yo