
RBI Increases Collateral-Free Agricultural Loan Limit from Rs. 1.6 to Rs. 2 Lakh.
In a significant move to support the agricultural sector and address rising input costs, the Reserve Bank of India has announced an increase in the limit for collateral-free agricultural loans, including loans for allied activities. The existing loan limit of Rs. 1.6 lakh per borrower has been raised to Rs. 2 lakh.