Regulatory Alerts2026-06-19
Reserve Bank of India [Commercial Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026
The Reserve Bank of India issued these Directions to establish a comprehensive framework for Commercial Banks to provide composite credit facilities under the Kisan Credit Card Scheme for agriculture and allied activities. The regulations mandate a six-year tenure for loans, define eligibility for various farmer categories, and specify drawing limits based on Scale of Finance with provisions for collateral-free lending up to specified thresholds. Additionally, the document standardizes interest rates, digital delivery channels, insurance integration, and data reporting requirements to ensure adequate and timely credit support for borrowers.
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