Agricultural Loan News - Latest Updates & Headlines
SBI, Citi unveil $295 million social loan to empower local smallholder farmers in India
Mumbai, April 3: State Bank of India (SBI) and Citi on Thursday announced a social loan facility of $295 million to support smallholder farmers in India.
India's rural lending landscape sees key transformation, structured loan schemes rise
New Delhi, April 2: Driven by rapid digitisation, rise of fintech and increased government support, the rural lending landscape in India is undergoing a significant transformation, creating new opportunities for structured and efficient lending models and ensuring that credit reaches those who need it most, according to a new report.
Telangana CM seeks NABARD loans under RIDF for development
Hyderabad, March 21: Telangana Chief Minister A. Revanth Reddy on Friday urged the National Bank for Agriculture and Rural Development (NABARD) to provide loans at low interest rates under the Rural Infrastructure Development Fund (RIDF) to support development projects in the state.
Jharkhand govt plans legal action to recover Rs 1.36 lakh crore from Centre; presents Rs 1.45 lakh crore budget
Ranchi, March 3: The Jharkhand government on Monday presented a budget of Rs 1.45 lakh crore for the financial year 2025-26 in the state Assembly. During his budget speech, Finance Minister Radha Krishna Kishore reiterated the state's claim that the Centre owes Jharkhand Rs 1.36 lakh crore.
Kisan Credit Card amount crosses Rs 10 lakh crore, benefits 7.72 crore farmers
New Delhi, Feb 26: Showcasing credit deepening in agriculture and reduced dependency on non-institutional credit, the amount under operative Kisan Credit Card (KCC) accounts has more than doubled from Rs 4.26 lakh crore in March 2014 to Rs 10.05 lakh crore in December 2024, according to the latest government data.
Operative Kisan Credit Card (KCC) amount crosses Rs10 lakh cr benefiting 7.72 cr farmers
New Delhi, February 25: The amount under operative Kisan Credit Card (KCC) accounts has more than doubled from Rs4.26 lakh crore in March 2014 to Rs10.05 lakh crore in December 2024.
Rajasthan govt announces reservation for Agniveers
Jaipur, Feb 19: The Rajasthan government on Wednesday made a significant announcement for Agniveers, granting them reservations in the Rajasthan Police, Jail Department, and Forest Department.
Dy CM Diya Kumari to present Rajasthan budget in Assembly tomorrow
Jaipur, Feb 18: Deputy Chief Minister and Finance Minister Diya Kumari will present the budget for the financial year 2025-26 in the Rajasthan Assembly on Wednesday. The state's budget for the upcoming fiscal year was finalised on Tuesday.
NABARD's interventions bring transformative changes to rural communities: Mizoram CM
Aizawl, Feb 14: Mizoram Chief Minister Lalduhoma on Friday said that over the years NABARD's interventions have brought transformative changes to rural communities in the state.
BoB sanctions over Rs 3,300 crore in agri loans after conclusion of 7th Edition of 'Baroda Kisan Pakhwada'
New Delhi, January 23: Bank of Baroda (BoB), a major public sector bank, concluded the 7th edition of its flagship rural outreach programme, 'Baroda Kisan Pakhwada', sanctioning agriculture loans worth more than Rs 3,300 crore, the Bank said in a release on Thursday.