These, inter-alia, include the following: In terms of Reserve Bank s extant guidelines on lending to priority sector, a target of 40 per cent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent amount of Off-Balance Sheet Exposures (OBE), whichever is higher, as on March 31 of the previous year, has been mandated for lending to the priority sector by domestic scheduled commercial banks, both in the public and private sector.
What does NBC stand for?
NBC stands for Net Bank Credit
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of NBC
We have 396 other meanings of NBC in our Acronym Attic
- Natural Binary Code
- Natural Boundary Condition (physics)
- Natural Building Colloquium (conference)
- Naval Base Commander
- Navnat Bridge Club
- Nazarene Bible College
- Nazareth Baptist Church
- Neal Blaisdell Center (Honolulu, HI)
- Nederlandse Basis-Classificatie
- Nelson Bostock Communications (London, UK)
Samples in periodicals archive:
Indian banks are required to give a minimum 40% of the adjusted net bank credit to the priority sector and foreign banks have a minimum 32% exposure to the priority sector (RBI, 2009).
According to the latest RBI norms, all domestic banks have to disburse 40 per cent of net bank credit to the priority sector.