across the banks and streamlining SHG bank linkage in the country. Draft set of documentation was sent to banks for the feedback which is expected by 17.12.2014. 13 Non – availability of interest subvention Issue Dropped SBI vide Lr.No. benefit on crop loans to the farmers of LB&RRB/KAB/159 dated PACS/FSCS financed by State Bank of 03.11.2014 informed that India.SBI informed that since they are the decision of availing lending PACS/FSCS with their own funds refinance from NABARD for and hence they cannot lend below the the finance provided to base rate as per the extant guidelines of PACS has been taken up RBI with their Corporate Centre and the reply is awaited. SBI requested SLBC to drop the issue in the future meetings. AGENDA- 5
across the banks and streamlining SHG bank linkage in the country. Draft set of documentation was sent to banks for the feedback which is expected by 17.12.2014. 13 Non – availability of interest subvention benefit on crop loans to the farmers of PACS/FSCS financed by State Bank of India.SBI informed that since they are lending PACS/FSCS with their own funds and hence they cannot lend below the base rate as per the extant guidelines of RBI Issue Dropped SBI vide Lr.No. LB&RRB/KAB/159 dated 03.11.2014 informed that the decision of availing refinance from NABARD for the finance provided to PACS has been taken up with their Corporate Centre and the reply is awaited. SBI requested SLBC to drop the issue in the future meetings. AGENDA- 5