Financial Inclusion Fund

  • Decision to merge Financial Inclusion fund and Financial Inclusion Technology fund into a single Financial Inclusion fund.
  • Overall corpus 2000 crore
  • Contribution to fund will come from the interest differential in excess of 0.5 % on Rural Infrastructure Development Fund (RIDF) and Short Term Cooperative Rural Credit (STCRC) deposits on account of shortfall in Priority sector lending kept with NABARD.

 

 

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