India, Feb. 12 -- Reserve Bank of India (RBI) has issued draft revised guidelines for the Kisan Credit Card (KCC) Scheme to expand its coverage, streamline operations, and address emerging requirements in agricultural financing.
The draft directions, applicable to Commercial Banks, Small Finance Banks, Regional Rural Banks, and Rural Co-operative Banks, were proposed following the RBI's developmental and regulatory policy announcement on February 6, 2026. The central bank has invited public and stakeholder feedback on the draft guidelines until March 6, 2026.
Key proposed changes include standardising crop seasons to ensure uniform loan sanction and repayment schedules, with short-duration crops defined as 12 months and long-duration crop...