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RBI Raises Collateral-Free Loan Limit To Rs 2 Lakh
RBI raises collateral-free agricultural loan limit to Rs 2 lakh to aid farmers
Banks have been instructed to implement the guidelines swiftly and ensure widespread awareness about the new loan provisions.
RBI raises collateral-free loan limit to ₹2 lakh for farmers amid rising costs
The decision comes as inflationary pressures continue to strain the agricultural sector, where small and marginal farmers often struggle to secure credit.
RBI Address Farming Costs: Raises Collateral Free Agricultural Loan Limit To ₹2 Lakh
The Reserve Bank of India (RBI) increased the maximum for collateral-free agricultural loans from Rs 1.6 lakh to Rs 2 lakh in order to alleviate farmers' financial strains and meet rising agricultural input prices.
RBI Increases collateral-free agricultural loan limit from Rs 1.6 lakh to Rs 2 Lakh
In a significant move to support the agricultural sector and address rising input costs, the Reserve Bank of India has announced an increase in the limit for collateral-free agricultural loans, including loans for allied activities.
Major Relief For Farmers Ahead Of New Year! RBI Raises Collateral-Free Agricultural Loan Limit, Effective From January 1
In addition to the collateral-free loan limit, the RBI's policy will likely increase the uptake of Kisan Credit Card (KCC) loans, enabling farmers to meet their operational and developmental needs.
2d
on MSN
RBI could start cutting rates in February if winter harvest goes well: HSBC economist
Pranjul Bhandari, HSBC's chief India economist, explains that because food is a factor in India's inflation considerations, ...
Mint
3h
Growth blame game: Why lay a deeper economic malaise at RBI’s door?
The government should ask itself why private investment hasn’t picked up before asking
RBI
to cut interest rates. Chapter ...
The New Indian Express
21h
Why RBI is central to the country’s economy
Apart from deciding interest rates, the central bank wields humongous influence on various aspects of finance and the economy ...
1d
on MSN
Rs 450 crore residence, premium car and more: Here's how much the RBI Governor earn, know salary and other benefits
The Government of India has appointed Revenue Secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI ...
5d
Investors Ask RBI to Let State Debt Be Sold as Zero-Coupon Bonds
Investors urged the Reserve Bank of India to allow state government debt to be turned into zero-coupon bonds, according to ...
5d
Surprise RBI governor pick could pave the way for India rate cut as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts ...
Deccan Chronicle
8h
RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil
Most major industrial sectors performed better. The
RBI
MPC will have November and December inflation prints and the FY26 Budget on hand by the February 2025 policy meeting. Headline inflation is ...
4d
RBI Has Responsibility to Ensure Growth, Says New Governor
India’s newly-appointed central bank governor Sanjay Malhotra said that the institution will have to be “agile and alert” to ...
Deccan Herald
1h
New RBI Governor Sanjay Malhotra set for some tightrope walking
While high levels of NPAs due to indiscriminate corporate lending do not pose a problem anymore, the central bank has a worry ...
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