❖ RBI instructs banks nationwide to waive collateral and margin requirements for agricultural and allied activity loans up to ₹2 lakh per borrower.

❖ The existing loan limit of ₹1.6 lakh per borrower has been raised to ₹2 lakh, effective from January 1, 2025.

❖ This measure will significantly benefit over 86% of the farmers who are small and marginal landholders.