Banking · Priority Sector Lending
The sub-target for Micro Enterprises lending under Priority Sector Lending (PSL) is mandated to be 7.5% of ANBC. If Sunrise Bank's ANBC is Rs. 20,000 Crore and its actual lending to Micro Enterprises is Rs. 2,500 Crore, what is its surplus/shortfall status?
- 1Surplus of Rs. 1,500 Crore
- 2Shortfall of Rs. 500 Crore
- 3Shortfall of Rs. 1,500 Crore
- 4Surplus of Rs. 1,000 Crore✓
Correct answer
Surplus of Rs. 1,000 Crore
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