Wednesday, November 21, 2012

Changes in Kisan Credit Cards(KCCs)

By March 2014 all Kisan Credit Cards(KCCs) should be converted to ATM cards by public sector banks(PSBs), Finance Minister P Chidambaram asked PSBs. This will mean a total of 11.39 KCCs will get converted. The total money lend by these cards is RS.5,21,617crore. The scheme was introduced in 1998-99.

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