Govt asks public sector banks to provide Kisan credit card facility to all farmers
In a day-long review meeting of the banking sector, which was presided over by the Banking Secretary Vivek Joshi, the public sector banks' chiefs were directed to take the help of PM KISAN database to undertake this exercise.The progress of the Agriculture Infrastructure Fund (AIF) scheme was also reviewed in the meeting, sources said.
![Govt asks public sector banks to provide Kisan credit card facility to all farmers Govt asks public sector banks to provide Kisan credit card facility to all farmers](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2023/01/20/222578-whatsapp-image-2023-01-20-at-101946-am.jpeg?itok=gY6aQ6mc&c=97c11c4194b33cfa9af4f02f351227b7)
With the Union Budget just a few days away and amid expectations that the government is likely to focus on boosting the agriculture sector, heads of public sector banks on Thursday were directed by the government to provide Kisan credit card facility to all farmers in the country.
Also Read: Budget 2023: Why agri stocks are in focus prior to Budget
In a day-long review meeting of the banking sector, which was presided over by the Banking Secretary Vivek Joshi, the public sector banks' chiefs were directed to take the help of PM KISAN database to undertake this exercise.The progress of the Agriculture Infrastructure Fund (AIF) scheme was also reviewed in the meeting, sources said.
Also Read: Budget 2023: Experts eye big push for infrastructure sector from government
Officials from the Department of Agriculture & Farmers' Welfare were also present in the meeting, where review related to agricultural credit was also undertaken.
The progress in digitisation of process for getting the Kisan credit card was also discussed to improve the transparency.
Public sector banks were advised to take necessary steps to digitise the entire journey of Kisan credit card loans in a time-bound manner.
During the meeting, the progress of various social security schemes, including Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), Pradhan Mantri MUDRA and Prime Minister Street Vendor's AtmaNirbhar Nidhi (PMSVANidhi), and Agri credit etc, were also reviewed.
It was emphasised in the meeting that banks need to put in all-out efforts to make customer experience more enriching and pleasant for sustainable banking relationship. Indian Banks Association (IBA) has already been requested to expedite the Consumer Service Rating for all scheduled commercial banks to gauge the consumer expectation and to enable banks to raise their standards of services delivery to every segment of the customer.
Click here to get more stock market updates I Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/markets/stocks/photo-gallery-this-tata-group-stock-turned-every-rs-10000-of-investment-into-rs-11300-in-just-a-week-investors-richer-by-42722-crore-rupees-any-guesses-share-market-news-304023](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307143-tradingpexels.jpg?itok=rw4R7EfH)
A Tata group stock just turned every Rs 10,000 of investment into Rs 11,300 in just a week, investors richer by Rs 42,722 crore; any guesses?
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
10:34 AM IST