https://www.taxtmi.com/news?id=24724 RRBs exceeded prescribed Priority Sector Lending benchmarks for agriculture, notably lending to Small and Marginal Farmers and Weaker Sections for 2018 19 to 2020 21. Revised RBI guidelines set specific ANBC/CEOBE based targets including sub targets for SMFs and for Weaker Sections; NABARD data show increasing outstanding loan amounts and shares to these groups by March 2019-2021. Policy measures facilitating this outcome include elevated priority sector targets for RRBs, phased SMF target increases, expanded Kisan Credit Card coverage, higher collateral free loan limits, simplified small loan documentation, JLG promotion, interest subvention on short term crop loans, and concessional refinance from NABARD. en-us Mon, 29 Nov 2021 18:17:00 +0530 Mon, 29 Nov 2021 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24724 RRBs exceeded prescribed Priority Sector Lending benchmarks for agriculture, notably lending to Small and Marginal Farmers and Weaker Sections for 2018 19 to 2020 21. Revised RBI guidelines set specific ANBC/CEOBE based targets including sub targets for SMFs and for Weaker Sections; NABARD data show increasing outstanding loan amounts and shares to these groups by March 2019-2021. Policy measures facilitating this outcome include elevated priority sector targets for RRBs, phased SMF target increases, expanded Kisan Credit Card coverage, higher collateral free loan limits, simplified small loan documentation, JLG promotion, interest subvention on short term crop loans, and concessional refinance from NABARD. News - Mon, 29 Nov 2021 18:17:00 +0530 https://www.taxtmi.com/news?id=24724