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NABARD has partnered with Reserve Bank Innovation Hub to fast-track digital agri-lending. According to the agreement, NABARD will integrate its electr
Question

NABARD has partnered with Reserve Bank Innovation Hub to fast-track digital agri-lending. According to the agreement, NABARD will integrate its electronic Kisan Credit Card (e-KCC). The integration will help _________.

A.

Farmers only

B.

Self-help groups

C.

District & State cooperative banks, RRB

D.

Private Banks

Correct option is C

The agreement between NABARD and the Reserve Bank Innovation Hub aims to integrate the electronic Kisan Credit Card (e-KCC) with digital agri-lending systems. This integration will benefit district and state cooperative banks as well as Regional Rural Banks (RRB), enhancing their ability to extend credit to farmers.

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