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Repurchase transactions (repos) in India 2018

Repurchase transactions (repos) in India 2018 These Directions shall not apply to repo/ reverse repo transactions under the Liquidity Adjustment Facility and the Marginal Standing Facility, which would continue to be regulated as per the existing regulations. Definitions (1) In these Directions, unless the context otherwise requires- (a) “Corporate bonds and…

New Update on Kisan Credit Card (KCC) Scheme

Kisan Credit Card (KCC) Scheme   Introduction The Kisan Credit Card (KCC) scheme was introduced in 1998 for issue of Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks so that farmers may use them to readily purchase agriculture inputs such as…

Priority Sector Lending – Targets and Classification: Lending to non-corporate farmers – System wide average of last three years

  The system-wide average of the last three years achievement with regard to overall direct lending to non-corporate farmers will be notified in due course, and thereafter, at the beginning of each year.the system-wide average of the last three years achievement with regard to overall direct lending to non-corporate farmers…