ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Small Finance Banks play an important role for financial

    inclusion. How much loans they have to extend to the priority sectors?┬а
    A 20% Correct Answer Incorrect Answer
    B 40% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 75% Correct Answer Incorrect Answer
    E 80% Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) mandates the priority sector lending (PSL) target for Small Finance Banks (SFBs) at 60% (reduced from 75% earlier) of their Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBE), whichever is higher.┬а

    Practice Next
    More Financial Inclusion Questions

    Relevant for Exams:

    ask-question