Current Affairs - Banking - Discussion

State Bank of India (SBI) announced that it would launch a kisan Mela outreach program for farmers to help in imparting financial literacy to the farmers, on July 18,2018 . This would cover 10 lakh farmers in 14000 rural and semi urban branches. This initiative will educate the farmer customers about their right and various banking initiatives. The bank will also issue Kisan Credit Card (KCC) with 10% of enhancement on their credit limit. It would also help various the farmers on knowing various agri-products of the bank like asset backed agri-loan, mudra loan and loans on other allied agri activities.