https://www.taxtmi.com/news?id=17104 Reserve Bank directives require Domestic Scheduled Commercial Banks to meet priority sector lending targets measured against Adjusted Net Bank Credit or off balance sheet equivalents, with dedicated sub targets for agriculture, micro enterprises (phased) and advances to weaker sections. Banks must compute base lending rates using the marginal cost of funds, and individual banks set their Marginal Cost Lending Rates under RBI guidelines, producing variation in lending rates. en-us Sat, 17 Dec 2016 10:48:34 +0530 Sat, 17 Dec 2016 10:48:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17104 Reserve Bank directives require Domestic Scheduled Commercial Banks to meet priority sector lending targets measured against Adjusted Net Bank Credit or off balance sheet equivalents, with dedicated sub targets for agriculture, micro enterprises (phased) and advances to weaker sections. Banks must compute base lending rates using the marginal cost of funds, and individual banks set their Marginal Cost Lending Rates under RBI guidelines, producing variation in lending rates. News - Sat, 17 Dec 2016 10:48:34 +0530 https://www.taxtmi.com/news?id=17104