From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Telangana Deputy CM asks banks to ease El Nino stress on farmers through restructuring of loans
What's behind this
Bhatti has called on banks to provide adequate loans to farmers, urging them to ease the El Niño‑related burden by offering loan restructuring, interest relief and timely fresh credit ahead of the Rabi season. He cited a target of Rs 15,000 crore under the VB G RAM G scheme and asked banks to support the Rajiv Yuva Vikasam programme. The state has also asked banks to rejig farm loans, recommending that crop loans be restructured or rescheduled under RBI guidelines according to the severity of the drought.
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left · 1 outlet
Hyderabad: Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka on Tuesday, November 10, urged banks to restructure or reschedule eligible farmers’ crop loans in line with RBI guidelines in view of drought conditions. He also asked banks to ensure timely disbursal of fresh…
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center · 3 outlets
Telangana Agriculture Minister Tummala Nageswara Rao urges banks to provide timely crop loans, restructure agricultural credit in drought-hit areas and extend financial support to farmers during the 2026 Kharif and Rabi seasons.
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right · 1 outlet
He also asked banks to look beyond farmers and provide financial assistance to those who needed it
RSS excerpt
He also asked banks to look beyond farmers and provide financial assistance to those who needed it
