RBI releases priority sector lending norms for RRBs

Q.  RBI released revised priority sector lending guidelines for ___________ banks on 3rd December 2015.
- Published on 04 Dec 15

a. Scheduled
b. Commercial
c. Regional Rural
d. Agricultural

ANSWER: Regional Rural
 
RBI has released revised priority sector lending guidelines for regional rural banks as per new norms, according to which 18% of outstanding will have to be advanced to agricultural activities. A target of 7.5 percent of total outstanding is to be diverted into micro enterprises and another 15% for weaker sections. New norms will be implemented from January 1, 2015.

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