If a foreign bank does not achieve the target of 32% priority sector lending, it has to deposit the amount of shortfall with�
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- What target has been fixed for a foreign bank functioning in India to provide priority sector lending as a ...
- What is the target of total foreign branches of State Bank of India as on 31st March 2006?
- Choose the correct statements: (a) Foreign bank’s paid up capital and other funds should be minimum Rs. 15 ...
- For Indian banks including private banks, which of the following targets is not applicable?
- Foreign banks are working in India in�
- X deposited Rs. 20000 in his savings bank account for payment of a cheque to be presented after 20 days. Th...
- Banking means acceptance of deposits for the purpose of lending and investments under which of the followin...
- Section ________ of the Banking Regulations Act, 1949 defines banking as accepting for the purpose of lendi...