This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.


Banks required to lend to priority industry sectors impacting UK financial services in India

in India

Trade barrier summary

This affects UK businesses in the financial sector working with India. International banks with over 20 branches are required to lend 40% to 'priority industry sectors' stipulated in India. These include sectors such as agriculture and micro, small and medium-sized enterprises (MSMEs), which are harder to reach from bank's urban locations. International banks must purchase priority sector lending certificates to make up for any shortfall in lending which is an additional cost.

Sectors affected

  • Financial and professional services



Date reported

7 January 2020

Last updated

7 December 2021

Public ID


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