Latest News on Rural Credit
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Rural Credit - Total results - 5
Jun 26, 2019
Forty of 50 cooperative banks in Uttar Pradesh hit by fraud; loan amounts forged, subsidy money siphoned offMore than 50 percent of the rural credit is disbursed by the co-operative banks and the National Bank for Agriculture & Rural Development (NABARD) is responsible for the regulation and supervising of the functions of these banks.
Apr 17, 2018
Govt issues minimum FDI requirement for unregistered financial services entitiesThe minimum FDI capital is $20 million for unregistered/exempted entities engaged in 'fund based activities'.
Jul 21, 2017
Low formal credit reach to keep most farmers off loan waivers, says reportInstitutional credit is skewed in favour of households with higher decile classes of asset holding,
Aug 03, 2012
RBI allows rural banks to open branches in tier 2 cities without approvalTo enhance banking services in the rural areas, Reserve Bank allowed regional rural banks (RRBs) to open branches in tier 2 cities without taking its permission.
Aug 02, 2012
RBI committee to strengthen rural credit structureThe Reserve Bank constituted a committee to suggest ways to strengthen the rural cooperative credit structure in the country.