RBI
RBI Releases Master Circular on Credit Facilities to SCs and STs
1 October 2026 · RBI
RBI has issued a consolidated Master Circular directing Scheduled Commercial Banks to step up credit delivery to SC/ST beneficiaries through Lead Bank District Credit Plans. The guidelines reiterate that banks must not insist on deposits under poverty alleviation schemes and must disburse subsidies upfront.
RBI has issued a consolidated Master Circular directing Scheduled Commercial Banks to step up credit delivery to SC/ST beneficiaries through Lead Bank District Credit Plans. The guidelines reiterate that banks must not insist on deposits under poverty alleviation schemes and must disburse subsidies upfront.
Part of the October 2026 digest.
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