Latest and Important News for Bankers

24/04/2015

Priority Sector Redefined by RBI.

RBI has made some important changes with regard to priority sector lending and targets.  I am attaching the detailed circular issued by RBI.  Those who are preparing for internal and external exams please read it carefully.  Plese do not miss even single point. Do not depend on news paper articles please click the linkbelow and download the full circular

https://rbi.org.in/Scripts/NotificationUser.aspx?Id=9688&Mode=0






20/04/2015

RBI has taken a decision which has gone unnoticed in all leading news papers.  The decision which will affect farmers and also thousands of Rural Branches of Public Sector Banks.

The present subvention scheme for Corp Loans (KCC) and also Gold Loans disbursed for crop cultivation will be in force till 30 June 2015.

Government is going to implement new scheme for Interest subvention.


For more read Business Line

http://www.thehindubusinessline.com/industry-and-economy/banking/new-interest-subsidy-to-farmers-on-the-anvil-rbi/article7109663.ece

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