Banking · Priority Sector Lending

Foreign banks with less than 20 branches have a unique target structure for Priority Sector Lending. Which of the following statements accurately reflects the target for Export Credit for such banks?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Export Credit has a mandatory minimum sub-target of 18 percent for these banks.
2Export Credit can be counted up to 32 percent of ANBC for these banks.✓
3Export Credit is capped at 10 percent of ANBC for these banks.
4Export Credit is not counted towards PSL for foreign banks with less than 20 branches.

Correct answer

Export Credit can be counted up to 32 percent of ANBC for these banks.

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