https://www.taxtmi.com/news?id=21480 RBI directions mandate automatic relief measures in declared calamity areas-loan restructuring/rescheduling, fresh lending, relaxed security and moratoriums-with no additional collateral for restructured loans; the Government's interest subvention scheme provides bank subvention and a prompt repayment incentive for short term crop loans, preserves subvention for restructured amounts initially and allows extended subvention and continuation of the prompt repayment incentive for severe calamities subject to High Level Committee approval. en-us Wed, 26 Jun 2019 10:03:00 +0530 Wed, 26 Jun 2019 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21480 RBI directions mandate automatic relief measures in declared calamity areas-loan restructuring/rescheduling, fresh lending, relaxed security and moratoriums-with no additional collateral for restructured loans; the Government's interest subvention scheme provides bank subvention and a prompt repayment incentive for short term crop loans, preserves subvention for restructured amounts initially and allows extended subvention and continuation of the prompt repayment incentive for severe calamities subject to High Level Committee approval. News - Wed, 26 Jun 2019 10:03:00 +0530 https://www.taxtmi.com/news?id=21480