Current Affairs · Banking and Economy
Consider the following statements regarding Priority Sector Lending (PSL) targets for Small Finance Banks (SFBs): 1. SFBs have specific PSL targets set as a percentage of their Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBSE). 2. SFBs are structured to focus heavily on financial inclusion and lending to sub-sectors like agriculture and MSMEs. 3. PSL guidelines for SFBs are periodically issued and revised through RBI Master Directions. 4. Aligning and modifying regulatory parameters can assist SFBs in expanding their operational scale or transitioning to universal banking criteria. Which of the statements given above are correct?
- 11, 2, 3 and 4✓
- 2Only 2, 3 and 4
- 3Only 1 and 3
- 4Only 1, 2 and 4
Correct answer
1, 2, 3 and 4
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