Current Affairs · Banking Sector Developments
What is the Priority Sector Lending (PSL) target for Small Finance Banks (SFBs) as per the Reserve Bank of India (RBI) guidelines?
- 180% of their total lending
- 275% of their Adjusted Net Bank Credit (ANBC) or Credit Equivalent Amount of Off-Balance Sheet Exposure (CEOBE), whichever is higher✓
- 360% of their Credit Equivalent Amount of Off-Balance Sheet Exposure (CEOBE)
- 450% of their Adjusted Net Bank Credit (ANBC)
Correct answer
75% of their Adjusted Net Bank Credit (ANBC) or Credit Equivalent Amount of Off-Balance Sheet Exposure (CEOBE), whichever is higher
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