The priority sector lending targets for Scheduled Commercial Bank are defined by RBI in terms of percentage of Adjusted Net Bank Credit (ANBC). The banks have to lend 40% of their ANBC to priority sector. Today let’s understand what Adjusted Net Bank Credit (ANBC) is.
ANBC is the net banking credit after taking into account bill discounting, non-SLR securities and other exemption via long-term bonds.
deposits, qualifying for exemption from CRR/SLR requirements
« Go back to RBI Grade B homepage
June – 2020 Edition
May – 2020 Edition
April – 2020 Edition
March – 2020 Edition
February – 2020 Edition
January – 2020 Edition
December – 2019 Edition
Punjab Civil Services 2020