https://www.taxtmi.com/news?id=3697 Mandated lending quotas require banks to direct a prescribed share of adjusted net bank credit to the priority sector with a specific sub-target for agriculture, supplemented by government-set agriculture credit flow targets. Complementary measures include the Interest Subvention Scheme for short-term crop loans with additional prompt-pay incentives, waiver of margin/security for small agricultural loans, issuance of Kisan Credit Cards and General Credit Cards to expand access, and an Agricultural Debt Waiver Scheme to relieve legacy indebtedness and restore farmers' eligibility for fresh loans. en-us Thu, 30 Aug 2012 17:38:41 +0530 Thu, 30 Aug 2012 17:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3697 Mandated lending quotas require banks to direct a prescribed share of adjusted net bank credit to the priority sector with a specific sub-target for agriculture, supplemented by government-set agriculture credit flow targets. Complementary measures include the Interest Subvention Scheme for short-term crop loans with additional prompt-pay incentives, waiver of margin/security for small agricultural loans, issuance of Kisan Credit Cards and General Credit Cards to expand access, and an Agricultural Debt Waiver Scheme to relieve legacy indebtedness and restore farmers' eligibility for fresh loans. News - Thu, 30 Aug 2012 17:38:41 +0530 https://www.taxtmi.com/news?id=3697