According to a recent press report a study by Assocham has reported that the proportion of bad loans or non-performing assets (NPAs) to total loans of 11 listed banks for the year ending March 2010 stood at 2.21 per cent compared with 15 per cent in the late 1990s. Reports said that there was renewed… Read More »
A recent press report said that Nabard plans to give refinance to commercial banks at differential rates of interest depending on their exposure to agriculture credit in developed and underdeveloped regions. The development finance institution is working on the scheme and it is likely to be finalized within a month’s time said Mr.Prakash Bakshi, Chairman,… Read More »
Purpose: This loan finances purchase of Tractor, Trailer, Implements and other Accessories related to agriculture. Eligibility: Individual farmers /Group farmers can avail this agricultural demand loan. The applicant must have a minimum amount of irrigated cultivable land and productive work in agriculture per year, in order to obtain loan for tractor. Applicants proposing to… Read More »