Banking · Priority Sector Lending
Under the RBI's Priority Sector Lending (PSL) guidelines for Bank Loans to Non-Banking Financial Companies (NBFCs) for on-lending, what is the maximum permissible loan amount to an individual borrower of an NBFC for which a Scheduled Commercial Bank can classify its loan to the NBFC as Priority Sector?
- 1INR 20,00,000 per borrower
- 2INR 10,00,000 per borrower✓
- 3INR 2,00,000 per borrower
- 4INR 50,000 per borrower
Correct answer
INR 10,00,000 per borrower
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