Farmers: collateral-free agriculture loan limit has been increased from Rs 1.6 lakh to Rs 2 lakh
Collateral-free agriculture loan: The collateral-free agriculture loan limit has been increased from Rs 1.6 lakh to Rs 2 lakh. Small farmers will benefit from this decision taken in RBI MPC. Meanwhile, the interest rate limit for Foreign Currency Non-Resident (FCNR) deposits has been increased by 200 basis points. The Reserve Bank of India has raised … Read more