Priority Sector Lending
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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 of Off-Balance Sheet Exposures (CEOBE), whichever is higher, as PSL.
What is the PSL target for domestic scheduled commercial banks as a percentage of ANBC?
40% of ANBC or Credit Equivalent of Off-Balance Sheet Exposure
Which categories are included under Priority Sector Lending as per RBI guidelines?
PSL includes Agriculture, Micro, Small and Medium Enterprises (MSMEs), Export Credit, Education, Housing, Social Infrastructure, Renewable Energy, and Others (including weaker sections).
What is the PSL sub-target for lending to agriculture under the Direct Agriculture category?
8% of ANBC earmarked for Small and Marginal Farmers
What is the sub-target prescribed for lending to the agriculture sector under PSL?
Banks must lend 18% of ANBC or CEOBE to Agriculture, of which at least 10% must go to Small and Marginal Farmers (SMFs).
What is the overall agriculture sub-target under PSL for domestic commercial banks?
18% of ANBC inclusive of 10% for small and marginal farmers
What is the PSL target for Micro Enterprises under the MSME category?
Banks must ensure that 7.5% of ANBC or CEOBE is directed to Micro Enterprises within the MSME sector.
What is the PSL target prescribed for foreign banks with less than 20 branches?
40% of ANBC with relaxed sub-targets under a simplified approach
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