Banking · Priority Sector Lending
Regarding the categorization of loans to Start-ups under Priority Sector Lending, what is the maximum limit for such loans to be classified under PSL, and which specific sector do they usually fall under?
- 110 crore rupees under Agriculture or MSME
- 250 crore rupees under Agriculture or MSME✓
- 325 crore rupees under Other Category
- 4100 crore rupees under MSME only
Correct answer
50 crore rupees under Agriculture or MSME
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