RBI has revised the priority sector lending guidelines for Export Credit What is the maximum a...........

RBI has revised the priority sector lending guidelines for Export Credit. What is the maximum amount of credit limit sanctioned to export unit is eligible to be classified under priority sector?

Rs 100 million

Rs 250 million

Rs 400 million

Rs 500 million

Explanation:

In order to boost credit to export sector, it has been decided to enhance the sanctioned limit, for classification of export credit under PSL, from Rs 250 million per borrower to Rs 400 million per borrower.