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Priority sector lending part 2, MSME
What is the overall target for Priority Sector Lending (PSL) 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 (CEOBE), whichever is higher, to priority sectors.
What is the PSL target for Micro, Small and Medium Enterprises (MSMEs) combined?
No separate combined target; micro enterprises have 7.5% sub-target.
What is the PSL sub-target for Small and Marginal Farmers?
Banks must lend 10% of ANBC or CEOBE, whichever is higher, specifically to Small and Marginal Farmers as a sub-target within the agriculture priority sector.
Which ministry oversees the MSME sector in India?
Ministry of Micro, Small and Medium Enterprises.
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