Adjusted Net Bank Credit
Adjusted Net Bank Credit is a term used in defining the various targets under Priority Sector Lending.
ANBC includes the total credit forwarded by the banks together with other investments made by it which are not its obligation.
Total credit includes Loans forwarded by banks, overdrafts forwarded by banks to the customers etc.
Investments which are made under no obligations includes Bills discounted (bills which are purchased by banks at discounted rate), Bills/Bonds Purchased etc. Remember banks purchase Govt. Securities under their obligation to maintain SLR. this SLR factor is not included in ANBC.
computation of Adjusted Net Bank Credit
|Bank Credit in India (As prescribed in item No.VI of Form ‘A’
(Special Return as on March 31st) under Section 42 (2) of the RBI Act, 1934.
|Bills Rediscounted with RBI and other approved Financial Institutions||II|
|Net Bank Credit (NBC)||III (I – II)|
|Investments in Non-SLR categories under HTM category + other investments eligible to be treated as priority sector.||IV|
|ANBC||III + IV|