Kisan Credit Card

The Reserve Bank of India has embarked upon a project to digitise farm loan delivery under Kisan Credit Card (KCC) scheme to make it time and cost effective for borrowers. The central bank will run a pilot project for end-to-end…

The Reserve Bank of India (RBI) on Friday announced taking up a pilot project for end-to-end digitalisation of Kisan Credit Card (KCC) lending, developed by the Reserve Bank Innovation Hub (RBIH). The decision has been taken to eliminate…

The government on Wednesday approved an additional Rs 50,000 crore under the Emergency Credit Line Guarantee Scheme (ECLGS) to ensure low-cost credit flow to hospitality and related segments hit hard by the COVID pandemic. Union Cabinet…

The incomes of farmers have almost doubled for certain crops in some states in the last five years, revealed a study conducted by SBI Research. According to the study, the incomes of soybean farmers in Maharashtra and cotton in…

MUMBAI: Union finance minister Nirmala Sitharamanon Thursday asked all public sector banks to onboard the account aggregator platform by end of this month. The financial aggregator platform enables customers to share their banking track…

Finance Minister Nirmala Sitharaman on Thursday urged public sector banks to ensure smooth flow of credit to Kisan Credit Card (KCC) holders to boost rural incomes. During the half-day long meeting with the CEOs of public sector banks,…

NEW DELHI: The Cabinet on Wednesday approved computerisation of 63,000 functional Primary Agriculture Credit Societies(PACS) across the country at the cost of Rs 2,516 crore in five years. The move, aimed to benefit 13 crore farmers…

NEW DELHI: The Cabinet on Wednesday approved computerisation of 63,000 functional Primary Agriculture Credit Societies (PACS) across the country at the cost of Rs 2,516 crore in five years. The move, aimed to benefit 13 crore farmers…

NEW DELHI: Finance Minister Nirmala Sitharamanis scheduled to meet the heads of public sector banks (PSBs) on Monday to review the performance of the lenders and the progress made by them on various schemes launched by the government…

Finance minister Nirmala Sitharaman will review bad loans of Rs 100 crore or more in a meeting with state run lenders on June 20. A senior finance ministry official confirmed the development and said that the assessment of asset quality…