Priority Sector Lending – Targets and Classification – (FAQ’s As on April 18, 2018) 1. What are the different categories under priority sector? Priority Sector includes the following categories: (i) Agriculture (ii) Micro, Small and Medium Enterprises(iii) Export Credit(iv) Education(v) Housing(vi) Social Infrastructure(vii) Renewable Energy(viii) Others 2. What are the Targets and Sub-targets for banks under…
The limit to exchange old notes of Rs 500 and Rs 1000 is Rs 4000 till further review by the RBI and NOT per day as has been misunderstood by some people. The Frequently asked Questions (FAQs) on the RBI website and the notification regarding de-monetisation mention that old notes of Rs 500 and Rs 1000 can be exchanged at bank or post office branches till December 30, 2016 up to a value of Rs 4000 by filling up a form and providing ID proof.
Dear All,I have today posted a Link from RBI site on Frequently asked Questions about Banking, NBFC’s, Foreign Exchange, Currency, Government Securities Market and Payment Settlement etc. Under Study Materials for IBPS PO/Clerk and Bank Promotion Aspirants. All are requested to follow the said link in order to satisfy their queries on the aforesaid subjects.…