Question

Which statement is NOT correct about PSLCs (Priority Sector Lending Certificate)? (

  • A PSLC is buy and sale of priority sector loan portfolio (
  • B The scheme is not applicable for Local Area Banks and Small Finance Banks (
  • C There will be no transfer of underlying risk (
  • D PSLC was introduced in April 2016
A Only (C)
B Only (B)
C Only (B) & (C)
D Only (B) & (D)
E None of these
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