Banking · Priority Sector Lending Norms
With reference to the RBI's revised Priority Sector Lending (PSL) norms for Small Finance Banks (SFBs), consider the following statements: 1. The overall PSL obligation for SFBs has been revised to 60% of ANBC or CEOBE, whichever is higher. 2. Out of this, 40% must be allocated to RBI-specified PSL sub-sectors. 3. The remaining 20% can be flexibly deployed across any PSL category of the bank's choice. 4. Previously, SFBs had a 75% PSL requirement, with 35% flexibility. 5. The revised directions will be applicable from FY 2024-25 onwards. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 4, and 5 only
- 22, 3, and 5 only
- 31, 2, 3, and 4 only✓
- 41, 2, and 3 only
Correct answer
1, 2, 3, and 4 only
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