Which of the following statements is/are correct about Priority Sector Lending? 1. Priority Sector Lending are targets given by the government to the Public Sector Banks for providing a specified portion of the bank lending to few specific sectors. 2. Bank credit to registered NBFCs for on-lending is eligible for classification as priority sector under respective categories. Select the correct answer using the codes given below: (a) - Study24x7
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Which of the following statements is/are correct about Priority Sector Lending? 1. Priority Sector Lending are targets given by the government to the Public Sector Banks for providing a specified portion of the bank lending to few specific sectors. 2. Bank credit to registered...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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