.........Shinde expressed concern over RBI's reluctance to relax the norms for NDCCB, despite union agriculture minister Sharad Pawar taking up the issue with the Prime Minister. NDCCB plays a key role in agriculture finance. A 100 year old bank it has around 50,000 farmers as its members having pooled in deposits to the tune of Rs 1200 crore. The bank has disbursed farm loans to the tune of Rs 285 crore and 350 agricultural societies are linked to it, he said. De-licensing the bank may prove detrimental to the farmers' interest, said Shinde..........
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