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UP farm loan waiver: Here's how it will impact PSU banks

The Yogi government has fulfilled its poll promise and approves farm loan waiver of up to Rs 1 lakh to struggling farmers. Over 2,25,00,000 (two crore twenty five lakh) farmers will be benefited by this particular move. This move is expected to cost around Rs 36,000 crore to the state. Watch CNBC-TV18's Latha Venkatesh speaking about what does this mean for public sector undertaking (PSU) banks.

first published: Apr 5, 2017 08:24 am

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