Reserve Bank of India

21.08.2015

Banking

Guidelines for Relief Measures by Banks in Areas Affected by Natural Calamities

MANU/RMIC/0344/2015

The Reserve Bank of India released guidelines based on a Central government notification reducing the criteria of crop loss from 50 per cent to 33 per cent for providing input subsidy to farmers. State Level Bankers' Committees or District Level Consultative Committees or banks are allowed to reschedule loans if crop loss is 33% or greater.

Relevant

Master Circular - Relief by Banks in Areas Affected by Natural Calamities MANU/RMIC/0309/2015

Tags : Rbi relief farmers loan reschedule crops

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