Read the following statement and fill it with corrcet option Commercial bank credit to NBFCs for on ...........

Finance (Phase -I & II) Financial Institutions

Read the following statement and fill it with corrcet option.

Commercial bank credit to NBFCs for on-lending to the priority sector is allowed up to _______ of the bank’s total PSL, as per RBI regulations?

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This questions was previously asked in

RBI Grade B Phase 2 Exam (2022)

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Explanation:

This question is from the RBI’s website only. Bank credit to NBFCs (including HFCs) for On-Lending will be allowed up to a limit of five per cent of individual banks’ total PSL. Priority Sector Lending (PSL) is an important topic when it comes to the RBI examination. So, make sure you cover all the recent amendments for the same. And NEVER EVER MISS any update from RBI website.