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Hi I am Sharath Chandra. Here I am sharing One-Liners on Priority sector lending. Happy Reading :)
- What is Priority sector lending ------ sectors of the economy which may not get timely and adequate credit
- What are the different categories under priority sector------ Agriculture, Micro and Small enterprises, Education, Housing, ExportCredit
- What is target for total prority sector lending Domestic commercial banks / Foreign banks with 20 and above branches------40 %
- What is target for foreign banks with less than 20 branches----32 %
- What is target for Total agriculture Domestic commercial banks / Foreign banks with 20 and above branches----18 %
- What is target for Total agriculture Foreign banks with less than 20 branches------- No specific target
- What is target for Advances to Weaker Sections Domestic commercial banks / Foreign banks with 20 and above branches ---- 10 %
- What is target for Advances to Weaker Sections Foreign banks with less than 20 branches --- No specific target
- PACS acronym ---- Primary Agricultural Credit Societies
- LAMPS acronym--- Large-sized Adivasi Multi Purpose Societies
- FSS acronym---------Farmers’ Service Societies
- What is the loan limit for education under priority sector for studies in India---upto 10 lakh
- What is the loan limit for education under priority sector for studies in abroad---upto 20 lakh
- What is the limit for housing loans under priority sector Loans to individuals in metropolitan centres with population above ten lakh ------ up to `25 lakh
- What is the limit for housing loans under priority sector Loans to individuals in metropolitan centres with population below ten lakh ------ up to `15 lakh
- SGSY acronym for ----- Swarnjayanti Gram Swarozgar Yojana
- NRLM acronym for ---- National Rural Livelihood Mission
- SJSRY acronym for ----- Swarna Jayanti Shahari Rozgar Yojana
- SRMS acronym for ---- Scheme for Rehabilitation of Manual Scavengers
- Loans to individual women beneficiaries upto `50,000 per borrower; is called--- Weaker Section
- Artisans, village and cottage industries where individual credit limits do not exceed `50,000 ---- Weaker Section
- Who decides rate of interest for loans under priority sector-----RBI
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