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ROLE OF PRIORITY SECTOR & MSME IN THE INDIAN ECONOMY
What is the current overall Priority Sector Lending (PSL) target for domestic scheduled commercial banks?
Domestic scheduled commercial banks must lend 40% of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposure, whichever is higher, to priority sectors.
What is the PSL target for Small and Marginal Farmers (SMF) within the agriculture sector?
10% of ANBC or Credit Equivalent of Off-Balance Sheet Exposure
Which RBI circular governs the current Priority Sector Lending guidelines?
The Master Directions on Priority Sector Lending issued by RBI (updated periodically) govern PSL guidelines; the most recent comprehensive revision took effect from April 2020.
What is the PSL sub-target for lending to Non-Corporate Farmers (NCF)?
Notional limit based on system-wide average of last three years
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