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Policy on interest rate on loans for agricultural purposes

News and Press Release - Dated:- 1-8-2017 - Reserve Bank of India (RBI) has deregulated the interest rate on advances sanctioned by Scheduled Commercial Banks and these interest rates are determined by banks with the approval of their respective Boar .....

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n interest rates charged on loans, vehicle type-wise is not maintained centrally. With a view to ensuring availability of agriculture credit at a reduced interest rate of 7% p.a. to farmers, the Government of India in the Department of Agriculture, C .....

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