Consider the following statements:
1. In India, Small Finance Banks are required to extend a significant portion of their loans to the priority sector.
2. The RBI regulates the operations of both Urban Cooperative Banks and Scheduled Commercial Banks.
3. NBFCs (Non-Banking Financial Companies) are permitted to accept demand deposits from the public.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 only
3
1 and 3 only
4
2 and 3 only