Multiple choice

For Indian banks including private banks, which of the following targets is not applicable?

  1. Overall target - 40% of ANBC

  2. Agriculture loans - 18% of ANBC

  3. Weaker section - 10% of ANBC

  4. Micro and small enterprises - 10% of ANBC
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Correct Answer: Micro and small enterprises - 10% of ANBC For Micro Enterprises - 7.5 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher to be achieved in a phased manner, i.e. 7 per cent by March 2016 and 7.5 per cent by March 2017.

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