RBI Makes Aadhaar Linkage Mandatory for Farmers

Last Updated: August 17, 2017

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RBI Makes Aadhaar Linkage Mandatory for Farmers
17 August 2017 Current Affairs: Reserve Bank of India (RBI) made Aadhaar linkage mandatory for availing short-term crop loans up to Rs 3 lakh in 2017-18.
The advice to all public and private sector scheduled commercial banks was sent through a RBI notification on the "Interest Subvention Scheme for Short Term Crop Loans during the year 2017-18".
In order to get the free benefits to farmers under interest subvention scheme, the banks are advised to make Aadhaar linkage mandatory for availing short-term crop loans.

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