{"id":1398,"date":"2018-03-01T09:33:33","date_gmt":"2018-03-01T04:03:33","guid":{"rendered":"http:\/\/financialfunda.com\/?p=1398"},"modified":"2023-01-24T22:09:27","modified_gmt":"2023-01-24T16:39:27","slug":"priority-sector-lending-targets-for-fy-2018-19-for-foreign-banks-with-20-or-more-branches","status":"publish","type":"post","link":"https:\/\/cacube.in\/?p=1398","title":{"rendered":"Priority Sector Lending Targets for FY 2018-19 for Foreign Banks with 20 or more Branches."},"content":{"rendered":"<p>RBI announced Priority Sector Lending Targets for FY 2018-19 for Foreign Banks with 20 or more Branches in notification dated 1st march 2018. As per RBI notification, Lending target are:-<\/p>\n<ol>\n<li>Sub-target of 8% of ANBC (Adjusted Net Bank Credit) or CEOBE (Credit equivalent Amount of Off-Balance Sheet Exposure), whichever is higher to small and marginal farmer.<\/li>\n<li>Sub-target of 7.5% of ANBC (Adjusted Net Bank Credit) or CEOBE (Credit equivalent Amount of Off-Balance Sheet Exposure), whichever is higher to micro Enterprises.<\/li>\n<\/ol>\n<p>Note:- For classification of loan under priority sector currently there is loan limit of Rs. 5 crore for micro enterprises and Rs. 10 crore for small &amp; medium enterprises. RBI decided to remove this limit hence all loans to MSMEs (under MSMED Act 2006) shall qualify for priority sector without any limit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBI announced Priority Sector Lending Targets for FY 2018-19 for Foreign Banks with 20 or more Branches in notification dated 1st march 2018. As per RBI notification, Lending target are:- Sub-target of 8% of ANBC (Adjusted Net Bank Credit) or CEOBE (Credit equivalent Amount of Off-Balance Sheet Exposure), whichever is higher to small and marginal [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[90,100],"class_list":["post-1398","post","type-post","status-publish","format-standard","hentry","category-banking-investment","tag-banking","tag-investment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9X28M-my","_links":{"self":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/1398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1398"}],"version-history":[{"count":1,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/1398\/revisions"}],"predecessor-version":[{"id":1703,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/1398\/revisions\/1703"}],"wp:attachment":[{"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}