Banking · Priority Sector Lending Guidelines
Under the RBI Priority Sector Lending guidelines, which portion of a loan facility provided to a corporate unit engaged in organic fertilizer production and agri-logistics can be classified under 'Agriculture - Ancillary Activities'?
- 1Only loans given directly to individual farmers qualify.
- 2None of the loan qualifies as Agriculture.
- 3Loans up to ₹100 crore per borrower to corporate entities for organic inputs or agri-ancillary activity.✓
- 4The entire loan regardless of end-use or limits.
Correct answer
Loans up to ₹100 crore per borrower to corporate entities for organic inputs or agri-ancillary activity.
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