Banking · Priority Sector Lending Guidelines

Consider the following statements regarding the framework for 'Districts with Low Per Capita PSL Credit' introduced by the Reserve Bank of India (RBI) to address regional disparities in priority sector credit: Statement I: Banks receive a higher weightage of 125% for incremental priority sector credit extended in identified 'low credit flow' districts. Statement II: A lower weightage of 90% is assigned to incremental priority sector credit extended in identified 'high credit flow' districts. Statement III: This weightage system applies across all priority sector categories without exception. Statement IV: The list of eligible districts is updated by the RBI every year based on annual lending figures. Statement V: Regional Rural Banks (RRBs), Small Finance Banks (SFBs), and Urban Co-operative Banks (UCBs) are exempted from this incentive framework. Which of the above statements are correct?