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25 June 2026 BANKING

The RBI has directed banks to exempt agricultural and allied sector loans up to ₹2 lakh per borrower from collateral security and margin requirements under the updated guidelines of the Kisan Credit Card (KCC) scheme.

Furthermore, the voluntary pledge of gold and silver as collateral for agricultural loans up to the collateral-free limit of ₹2 lakh will not be considered a violation of the guidelines on collateral-free lending.

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