The RBI has released the 'Kisan Credit Card (KCC) Scheme' directions relevant to commercial banks, aiming to improve credit access for the agricultural sector.
Reserve Bank of India Issues KCC Scheme Directions for Commercial Banks
On June 19, 2026, the Reserve Bank of India (RBI) published the 'Kisan Credit Card (KCC) Scheme' Directions for commercial banks. This directive is a key component of efforts to enhance farmers' access to necessary credit facilities.
The directives offer detailed guidelines regarding the credit purpose, tenure, limits, as well as general instructions alongside disclosure requirements and exemptions. These provisions aim at establishing a coherent framework for the lending operations of commercial banks in relation to the agricultural sector.
This announcement reflects the RBI’s ongoing initiative to bolster the framework of agricultural finance, ensuring that appropriate resources are accessible to farmers through commercial banking channels.
For compliance, legal experts should ensure that their clients in commercial banks align their practices with the newly released directives, thereby facilitating better service for the agricultural community.
Citations
- RBI Directions (2026) RBI/FIDD/2026-27/402
