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AGRI CREDIT TARGET
Need to cut chemical fertilisers usage via crop diversification, incentives: EAC-PM ChairmanIndia must curb chemical fertilizer use by promoting crop diversification, natural farming, and productivity-linked incentives, stated EAC-...- 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...
- Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth manag...
- Centre plans digital trail for fertiliser subsidies via AgriStackThe government is set to link fertiliser sales with the national AgriStack database. This digital initiative aims to prevent the misuse of ...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
- SBI shares plunge 10% in two days after Q4. Do Morgan Stanley, Citi & Bernstein see a rebound soon?SBI shares fell over 3% on Monday and are down 10% in two sessions despite the lender reporting a 6% YoY rise in Q4 standalone net profit t...
- FPOs hold promise for smallholders, but face structural constraints: StudyFarmer producer organisations (FPOs) are key to integrating smallholders in India, but they are constrained by scale, market access, financ...
- FinMin asks PSBs to meet loan targets for agri-allied sectorsThe finance ministry has asked public sector banks (PSBs) to meet loan targets for the agri-allied sector during the current financial year...
- Finance Ministry asks PSU banks to take steps to meet loan targets for agri-allied sectorIndia's Finance Ministry has urged public sector banks to achieve their loan targets for the agri-allied sector this fiscal year. Secretary...
- Interim Budget: Govt may increase agri-credit target to Rs 22-25 lakh croreCurrently, the government provides interest subvention of two per cent on short term agri-loans of up to Rs 3 lakh for all financial instit...
- Agriculture accelerator fund to help create more jobs: GlobalData researchWith the agricultural sector being a key contributor and employer, it received the much-needed push in the Union Budget. India's agricultur...
- Budget 2023: Finance Minister Sitharaman launches fund to encourage agri startups, increases credit target to 20L crWhile the overall budget has grown at a compound annual growth rate (CAGR) of 11% in the past decade (fiscal 2013 to fiscal 2023), allocati...
- Central Bank of India identifies 350 branches in coastal areas for aqua financing"We are now moving onto the agri related industries like processing. In coastal areas, we have identified around 350 branches where we are ...
- Need to raise farm sector's credit absorption capacity: Reserve Bank Deputy Governor SS MundraTypically farmers get crop loans of up to Rs 3 lakh at 7% interest, the effective rate for them is only 4% as the rest is subsidised by the...
- RBI report for trading PSL certificates, adding more sectorsOn the education loans under the PSL category, the report has recommended a cap of Rs 10 lakh per borrower for both domestic education.
- Maharashtra CM Devendra Fadnavis asks banks to step up agri lending"Banks need to step up their disbursements to the farm sector in the state without further delay and utilise their credit limits for the ye...
- Government disburses Rs 2.40 lakh crore as farm credit till Sept 2012The government has disbursed about Rs 2.40 lakh crore of agriculture credit to farmers in the first two quarters of the current financial y...
- Yes Bank farm credit to touch Rs 1,800 cr mark this fiscalNew-generation lender Yes Bank plans to disburse Rs 1,800 crore towards agricultural credit by the end of 2008-09 fiscal compared to Rs 1,2...
- Miles to go for banks to meet farm loan targetsBanks are yet to get their priorities right, at least when it comes to certain sectors.
- Most banks fail to meet stipulated agri loan targetAgri Lending has emerged as one of the fastest growing loan segments for commercial banks. But despite a huge growth, most banks are still ...
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