Banking Awareness Test for IBPS, RBI, SBI, NABARD & other Bank Examinations

Q.  How much credit small finance banks has to give to priority sectors?

a. 50%
b. 75%
c. 40%
d. 80%


ANSWER: See Answer
 
The small Finance Banks have been mandated to extend 75% of their credit to priority sector lending. Further, at least half of these loans should be below Rs. 25 Lakh.
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