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Priority Sector Lending Targets Overview by Jitendra Singh Meena is a document available to read on EtoBox.
What is Priority Sector Lending Targets Overview about?
1. The document outlines priority sector lending targets and classifications for Indian banks. It defines 8 categories of priority lending and sets annual targets for total priority lending and specific sub-targets. 2. Domestic and foreign banks with over 20 branches must lend 40% of their Adjusted Net Bank Credit to priority sectors, and foreign banks with under 20 branches have phased increase in this target to 40% by 2020. 3. Priority sector categories include agriculture, micro/small/medium enterpri
- Author
- Jitendra Singh Meena
- Language
- EN