RBI raises collateral-free agricultural loan limit to Rs 2 lakh
The Sunday Guardian|December 15, 2024
NEW DELHI The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free agricultural loans will be increased from Rs 1.6 lakh per borrower to Rs 2 lakh, effective from January 1, 2025.
- CORRESPONDENT
RBI raises collateral-free agricultural loan limit to Rs 2 lakh

According to the Ministry of Agriculture and Farmers Welfare, this decision is aimed at addressing the rising input costs and the growing financial challenges faced by farmers, particularly amid inflationary pressures on agricultural inputs.

The new policy allows farmers to access loans for agricultural activities, including allied sectors, without the need to provide collateral or meet margin requirements.

この蚘事は The Sunday Guardian の December 15, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は The Sunday Guardian の December 15, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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