RBI waives collateral security & margin for agricultural loans upto ₹2 lakh
December 11, 2024
RBI
RBI waives collateral security and margin requirements for agricultural loans including loans for allied activities upto ₹2 lakh per borrower. Presently, the limit for collateral free on agricultural loans is ₹ 1.6 lakh. Keeping in view the overall inflation and rise in agriculture input cost over the years, …