Question
How do Priority Sector Lending Certificates (PSLCs) help
banks comply with RBI’s priority sector norms while balancing credit risk?Solution
• PSLCs are tradable instruments introduced by RBI in 2016 to deepen the priority sector lending market. • A bank that has surplus PSL loans can issue PSLCs and monetize its excess lending. • A bank that is short of PSL targets can purchase PSLCs to meet regulatory requirements. • Importantly, ownership of the underlying loans does not change, and credit risk remains with the originator bank. • Thus, PSLCs serve purely as a compliance and market-driven balancing tool, ensuring efficient achievement of PSL norms without actual transfer of loan assets.
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Select the set in which the numbers are related in the same way as are the numbers of the given sets.
(NOTE: Operations should be performed on th...
Pointing at a girl, Seema said, “She is my father’s mother’s husband’s only son’s daughter.” How is that girl related to Seema?
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A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.
RT, WE, BP, GA, ?
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AYF, FUI, KQL, PMO, ?
Select the combination of letters that, when sequentially places in the gaps of the given letter series will complete the series.
E_ I _ _ EL _ _...