Banking · Priority Sector Lending
Under Priority Sector Lending guidelines, the sub-target for Agriculture lending for domestic commercial banks is 18% of ANBC. If Sunrise Bank has an ANBC of Rs. 20,000 Crore and has lent Rs. 3,800 Crore to agriculture, which of the following is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Target: Rs. 3,000 Crore; Achieved
- 2Target: Rs. 4,000 Crore; Achieved
- 3Target: Rs. 3,600 Crore; Achieved✓
- 4Target: Rs. 3,000 Crore; Not Achieved
Correct answer
Target: Rs. 3,600 Crore; Achieved
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