Farm credit demand likely to stay strong in FY27 on higher input costs, agri investments: NABARDAgricultural and rural credit demand is projected to remain strong through 2026-27, driven by rising input costs, expanded Kisan Credit Car...
Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
Kisan Credit Card alone is insufficient for modern, high-value agriculture: Shivraj Singh ChouhanShivraj Singh Chouhan stressed the need for technology, stronger rural banking, and integrated farming to boost smallholder incomes.
Cabinet gives nod to extend Modified Interest Subvention Scheme at 1.5% rate for FY26The Union Cabinet, led by Prime Minister Modi, has approved the continuation of the Interest Subvention component under the Modified Intere...
Operative Kisan Credit Card amount crosses Rs 10 lakh crore benefiting 7.72 crore farmersThe finance ministry announced that the Kisan Credit Card (KCC) scheme has provided over Rs 10 lakh crore in affordable loans to 7.72 crore...
FM Sitharaman calls for full digitisation of RRBs to ensure better services in rural areasFinance Minister Nirmala Sitharaman has urged Regional Rural Banks (RRBs) to speed up their computerisation process to strengthen credit de...
Govt to spend Rs 20,000 cr on KCC loans, says Union agriculture ministerThe Indian government plans to spend around Rs 20,000 crore on Kisan Credit Card (KCC) loans, according to Union Agriculture Minister Naren...
Kisan Rin Portal to be launched on TuesdayAccording to the agriculture ministry, the Kisan Rin digital platform offers a comprehensive view of farmer data, loan disbursement specifi...
Kisan Credit Card: How to apply online for Kisan Credit Card? Features, useFarmers are driven to obtain loans from lenders at exorbitant interest rates because of poor harvests and failing agricultural seasons brou...
Lok Sabha witnesses heated arguments over issue of farm loan waiversLok Sabha on Tuesday witnessed heated arguments between the Treasury and Opposition benches over the issue of farm loan waivers with Speake...
FM Nirmala Sitharaman meets heads of PSU banks; urges them to ensure credit flow to KCC holdersAfter the meeting, Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala said the finance minister reviewed the Kisan Cred...
Finance Ministry gives progress report on Atmanirbhar packageThe finance ministry noted that Rs 25,000 crore has been disbursed from Additional Emergency Working Capital Funding for farmers through NA...
Banks asked to issue KCC to eligible farmers within 2 weeks of submitting applicationCurrently, there are 6.95 crore active KCCs, under which crops loans are given at a subsidised interest rate.
- Loan waiver for farmers in Assam
Assam cabinet on Monday decided to introduce interest relief scheme to farmers’ upto 4 percent.
SBI to organise outreach programme for farmers on July 18SBI said it expects to cover 10 lakh farmers through nearly 14,000 rural and semi-urban branches across the country in this Kisan Mela, to ...
Agriculture profit can increase via planning, diversification: ICAR DGMohapatra cited the case of farmers in Gujarat who had shown how better crop planning and diversification have led to increased profits.
- RBI relaxes KCC repayment norms to help farmers fight drought
RBI relaxed the repayment norms for KCC to help farmers tide over the difficult financial situation due to deficient monsoon.