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Rural credit News

10 Aug 2016

'Rural credit should be tailored to raise farm income'

A Parliamentary committee on Wednesday suggested that rural credit dispensation, including crop insurance policies of the government, should be tailored in a manner that will lower the costs of farming, raise farm revenue and thereby increase income of farmers.

15 Oct 2015

Rs 2,000-crore fund to push financial inclusion: RBI

RBI on Thursday announced merger of two funds to create a new Financial Inclusion Fund with a corpus of Rs 2,000 crore to support 'developmental and promotional activities' for expanding reach of banking services.

29 Jun 2015

Credit growth at tepid 3.7% in first 9 months of FY15

Rural and semi-urban centres registered higher growth in credit, RBI said.

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