The government cannot determine the time norms for sanction/rejection of loans by the nationalized banks for various categories of borrowers.

The government does determine time norms for loan sanction and rejection through various guidelines and regulations. Examples include priority sector lending targets, MSE framework (180 days for MSE loans up to 2 crore), and RBI's prudential norms. These norms ensure timely credit delivery and protect borrower interests, particularly for small borrowers.