The priority sector target for a regional rural bank is
- A.40 per cent of Adjusted Net Bank Credit
- B.60 per cent of Adjusted Net Bank Credit
- C.75 per cent of Adjusted Net Bank Credit
- D.100 per cent of Adjusted Net Bank Credit
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A regional rural bank is set up under the Regional Rural Banks Act, 1976 to serve farmers, farm labourers and rural artisans, so the Reserve Bank asks it for a much higher share than it asks of a commercial bank: 75 per cent to the priority sector, with 18 per…
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