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[OLD] PRIORITY SECTOR ADVANCES
What is the overall Priority Sector Lending (PSL) target prescribed by RBI for domestic scheduled commercial banks?
Domestic scheduled commercial banks (excluding RRBs and Small Finance Banks) must achieve 40% of Adjusted Net Bank Credit (ANBC) or Credit Equivalent Amount of Off-Balance Sheet Exposure (CEOBE), whichever is higher, as priority sector advances.
What is the sub-target for lending to Small and Marginal Farmers under priority sector?
Sub-target is 8% of ANBC or CEOBE, whichever is higher.
What percentage of ANBC must foreign banks with 20 or more branches in India lend to the priority sector?
Foreign banks with 20 or more branches must lend 40% of ANBC or CEOBE (whichever is higher) to the priority sector, with a sub-target of 18% for agriculture.
What is the maximum loan amount for a borrower through Micro Finance Institutions under priority sector housing?
Loans up to ₹2 lakh per borrower for housing qualify under priority sector.
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