Banking · Priority Sector Lending
A Primary Urban Co-operative Bank is working towards the revised priority sector targets. The bank's current ANBC is 500 crore. It has allocated 200 crore to MSME, 50 crore to Housing, and 25 crore to Education. Based on the revised glide path provided by the RBI for UCBs, what is the mandatory overall target for the financial year ended March 31, 2025?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 150 percent of ANBC
- 275 percent of ANBC
- 365 percent of ANBC✓
- 440 percent of ANBC
Correct answer
65 percent of ANBC
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