Government in Talks With Banks to Cut Kisan Credit Card Interest Subvention by 50 Basis Points The government is discussing a 50 basis point reduction in interest subvention for Kisan Credit Card loans. The proposal is linked to recent policy rate cuts by the Reserve Bank of India (RBI). Discussions are preliminary and are part of efforts to continue the Modified Interest Subvention Scheme through Kisan Credit Card loans until 2031-32. Read More: https://thekanal.in/en-IN/details/government-in-talks-with-banks-to-cut-kisan-credit-card-interest-subvention-by-50-basis-points-70516 #banking