Banking · Priority Sector Lending Guidelines
Consider the following statements regarding the targets for Priority Sector Lending (PSL) for Domestic Commercial Banks (excluding RRBs and SFBs) set by the Reserve Bank of India: Statement I: The total Priority Sector Lending target for Domestic Commercial Banks is 40 percent of ANBC, which includes a specific sub-target of 18 percent for Agriculture and 7.5 percent for Micro Enterprises. Statement II: Within the 18 percent Agriculture target, banks must ensure that at least 10 percent of ANBC is directed towards Small and Marginal Farmers (SMF). Statement III: The target for Weaker Sections stands at 12 percent of ANBC. Choose the correct statements:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only I
- 2Only I and II
- 3Only II and III
- 4I, II and III✓
Correct answer
I, II and III
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