MUMBAI: Reserve Bank of India (RBI) on Thursday modified norms for banks to claim the amount of interest subvention provided to farmers under the short-term crop loan scheme through Kisan Credit Card (KCC) during the last fiscal.
Pending claims for the 2021-22 financial year can be submitted by June 30, 2023 and those have to be duly certified by the statutory auditors "as true and correct", RBI said in a circular.
