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Interest subvention

Interest Subvention For Farmers At 1.5% During FY23, FY24; Lending Rate At 7%: RBI

Jessica Nov 23, 2022

The government has approved the continuation of the interest subvention scheme (ISS) with modification for the financial years 2022-23 and 2023-24. The applicable lending rate to farmers will be 7 per cent and the rate of interest…

Business

Cabinet Approves 1.5% Interest Subvention on Short-Term Agri Loans Up To Rs 3 lakh; Check Details

Jessica Aug 22, 2022

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday restored the interest subvention on short-term agriculture loans to 1.5 per cent for all financial institutions, including banks, small finance banks, regional rural…

Business

1.5% interest subvention on short-term agri loans below Rs 3 lakh

Jessica Aug 18, 2022

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