📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Under Priority sector lending, the sub-target for

      domestic scheduled commercial banks, to lend to micro enterprises is ______
      A 5% of ANBC Correct Answer Incorrect Answer
      B 5% of NDTL Correct Answer Incorrect Answer
      C 7.5% of ANBC Correct Answer Incorrect Answer
      D 7.5% of NDTL Correct Answer Incorrect Answer
      E 10% of ANBC Correct Answer Incorrect Answer

      Solution

      As per the priority sector lending guidelines, domestic scheduled commercial banks, regional rural banks, small finance banks and primary urban cooperative banks, have to lend 7.5% of ANBC or CEOBE, whichever is higher to micro enterprises. (ANBC = Adjusted Net Bank Credit; CEOBE = Credit Equivalent of Off Balance Sheet Exposure) 

      Practice Next
      More Accounts Questions

      Relevant for Exams:

      ask-question