What is the specific sub-target for lending to the Agriculture sector under the Priority Sector Lending (PSL) guidelines for domestic banks?
- 10%
- 18%
- 25%
- 32%
Answer: 18%
Within the overall 40% PSL target, banks must allocate at least 18% of ANBC specifically to agriculture. Furthermore, 10% of ANBC must be directed towards small and marginal farmers, ensuring that the most vulnerable agrarian sections receive adequate institutional credit.