Banking · Priority Sector Lending
As per RBI guidelines, what is the Priority Sector Lending (PSL) target for foreign banks operating in India with 20 or more branches?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An overall target of 20% of ANBC, restricted only to export credit financing.
- 2An overall target of 32% of ANBC, with no specific requirements for micro-enterprises.
- 3An overall target of 40% of ANBC, but they are fully exempt from all agricultural sub-targets.
- 4An overall target of 40% of Adjusted Net Bank Credit (ANBC), with sub-targets applicable equivalent to domestic commercial banks.✓
Correct answer
An overall target of 40% of Adjusted Net Bank Credit (ANBC), with sub-targets applicable equivalent to domestic commercial banks.
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