Govt, RBI Ensure Smooth Rural Credit Flow: Finance Ministry

Govt, RBI ensure smooth rural credit flow: Finance Ministry

Reserve Bank of India (RBI) endeavours to maintain sufficient liquidity in the banking system to ensure that the productive requirements of the economy, including the rural sector, are met and transmission to market rates remains robust.

Government and RBI Measures Ensure Seamless Rural Credit Flow,Consistent growth in priority sector lending supports agriculture, MSMEs and self-help groups

By Our Correspondent NEW DELHI:Reserve Bank of India (RBI) endeavours to maintain sufficient liquidity in the banking system to ensure that the productive requirements of the economy including rural sector are met and transmission to market rates remains robust.   The Government has taken various measures to ensure uninterrupted credit flow for rural development initiatives, including SHGs, which inter-alia include: The Priority Sector Lending …