RBI Raises Collateral-Free Loan Limit To Rs 2 Lakh

RBI's BIG Gift To Farmers! Raises Collateral-Free Agricultural Loan Limit To Rs 2 Lakh
Banks have been instructed to implement the guidelines swiftly and ensure widespread awareness about the new loan provisions.
Rs 2 Lakh Agriculture Loan Without Any Collateral Announced By RBI
What’s Changing for Farmers? The Reserve Bank of India (RBI) has announced a significant change to its loan policy, increasing the collateral-free loan limit for farmers from Rs 1.6 lakh to Rs 2 lakh.
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 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 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.
RBI raises collateral-free agricultural loan limit to Rs 2L to aid farmers
The Reserve Bank of India (RBI) has enhanced the collateral-free loan limit for farmers from Rs 1.6 lakh to Rs 2 lakh, effective January 1, 2025, a move aimed at supporting small and marginal farmers amid rising input costs.
Farm loans up to ₹2 lakh to be collateral free: RBI
The government categorises agricultural credit, critical for farmers, who depend on it to meet cultivation costs, as priority-sector lending
Season for Sharing: Indy RBI seeks to level the baseball diamond
The nonprofit youth baseball and softball league, which aims to create "major league citizens," served 1,875 kids last year.
Surprise RBI governor pick signals India may cut rates 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 ...
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 ...
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 ...
While spending increased in India, income levels did not keep up: RBI survey
An RBI survey shows that in the second half of 2024, more people were pessimistic about the Indian economy. This was not the ...
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 ...
Elcid Investment seeks Type-I NBFC registration from RBI, shares up but off recent highs
Elcid has a market capitalisation of under Rs 4,000 crore, and the shares are higher by close to 5% on December 16, nudging ...
Rupee hits record low, RBI intervention counters bearish tilt
The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for ...
WPI inflation declines to 3-month low of 1.89 pc on cheaper food, RBI may cut rate in Feb
New Delhi, Dec 16 (PTI) Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper ...
The New Indian Express1d
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 ...