Commercial banks surpass target of agri credit in FY19, says RBI report
The report further noted that the Kisan Credit Card (KCC) has emerged as an innovative credit delivery mechanism to provide adequate and timely bank credit to farmers under a single window for their cultivation and other needs.
The RBI report showed that the provisional outstanding crop loan amount in the financial year 2018-19 was Rs 4,136.70 billion against Rs 3,906.02 billion. Image source: Reuters