RBI in 2024 directed the cooperative banks that any crop loan up to ₹2 lakh to the members be given without any collateral. Farmers argue that when banks insist on collateral for the loan of more than ₹2 lakh, then why do they ask for the credit score?
Cooperative banks insist on credit scores for loan approvals; farmers up in arms: Report
livemint.com - 18 Jul 2025 11:59
RBI in 2024 directed the cooperative banks that any crop loan up to ₹2 lakh to the members be given without any collateral. Farmers argue that when banks insist on collateral for the loan of more than ₹2 lakh, then why do they ask for the credit score?
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