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Union Budget – 2013-14 Interest Subvention Scheme

RBI/2013-14/398 RPCD.No.FSD.BC.71/05.04.02/2013-14 December 4, 2013 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir Union Budget - 2013-14¬†Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2013-14, Interest subvention… Read More

Tags: BankGovernment of IndiaInterestKisan Credit CardLoanPublic sectorReserve Bank of IndiaStatutory auditor

Cabinet Approves interest subvention scheme to provide short-term crop loans to farmers

Interest Subvention to Public Sector Banks (PSBs), Private Sector Banks, Cooperative Banks and Regional Rural Banks (RRBs) and to NABARD for refinance to RRBs and Cooperative Banks for providing short-term crop loan to farmers at interest rate of 7 per cent per annum The Union Cabinet today approved continuation of the interest subvention scheme to… Read More

Tags: BankGovernmentInterestKisan Credit CardLoanNational Bank for Agriculture and Rural DevelopmentRegional Rural BankSubsidy

Finance Minister Launches Medi Claim Facility for Farmers

Finance Minister Launches Medi Claim Facility for Farmers; Calls for Greater Penetration by the Non Life Insurance Sector and Higher Insurance Density The Union Finance Minister Shri P.Chidambaram said that there is a need to take immediate action by the non life insurance sector to increase penetration and coverage of the non life insurance in… Read More

Tags: Dena BankFinance MinisterIndiaInsuranceKisan Credit CardP. ChidambaramUnited India Insurance Company LimitedUnited States

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