About this document
India Banks New Norms For Priority Sectors is a document available to read on EtoBox.
The draft proposes that the priority sector lending target and sub-targets be linked to Adjusted Net Bank Credit or ANBC. The total (minimum) exposure to priority sector lending shall remain at 40 per cent (of ANBC) to encourage banks to lend directly to the priority sector, deposits placed with NABARD / SIDBI against shortfall in their obligations would not be eligible for classification as indirect finance to agriculture.
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