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Posted in Economy

RBI issues draft directions to revamp Kisan Credit Card scheme, seeks comments by March 6

Mumbai, The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed…

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Banks Seek More Talks on ECL Norms for Crop Loans
Posted in Economy

Banks seek more talks on ECL norms for crop loans

New Delhi: Banks want more deliberations on the expected credit loss (ECL) framework applicable to crop loans. Lenders have argued that the Stage 2 classification…

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