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HomeIBPS ClerkBanking AwarenessPriority Sector Lending › A foreign bank with under 20 branches may count …

A foreign bank with under 20 branches may count export credit up to:

A43 per cent
B32 per cent
C23 per cent
D13 per cent
Answer & Solution
Correct answer: B. 32 per cent
1. Such a bank still has a 40 per cent overall target. 2. Most of it may be met through export credit. 3. Up to 32 per cent may take that form. _Source: RBI Master Directions, Priority Sector Lending (Targets and Classification) Directions, 2025_
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