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BIZ2 sourcesIN ×217 SEPT 2026 18:42 IST

Banks to offer financial respite to farmers in 101 drought-hit taluks

Headline by Prism · from 2 reports

Banks in Karnataka are implementing a relief package for farmers in 101 drought-hit taluks.

Reader brief

Through the Reader lens: Banks operating in Karnataka have agreed to provide a relief package for farmers in 101 drought-affected taluks. The measures include loan repayment moratoriums and extensions, as well as fresh credit support to help farmers maintain agricultural operations. This initiative is being coordinated by the State Level Bankers’ Committee to ensure timely financial assistance during the drought season.

What to watch next

  • Implementation of relief measures by banks before October 11, 2026
  • Completion of the relief package rollout by January 6, 2027

What was said4

Attributed, verbatim. Every quote is checked against the article it came from. One that does not match is not shown.

Uma Mahadevan

2 quotes
  • “The State government and the banking sector must work in close coordination to ensure that every eligible farmer receives the benefit of the restructuring package and fresh credit support,”
    [1]The Hindu· 17 Sept· opens on the quote
    In the article

    …government, emphasised that the objective of the relief package was to ensure that drought-affected farmers receive timely financial support and would be protected from distress during the current agricultural season. “ The State government and the banking sector must work in close coordination to ensure that every eligible farmer receives the benefit of the restructuring package and fresh credit support, ’’ she added. Ms. Mahadevan stressed a humanitarian approach and directed that banks should maintain a sympathetic view towards affected farmers/borrowers during the drought and distress period. Banks have been advised…

  • “The State government and the banking sector must work in close coordination to ensure that every eligible farmer receives the benefit of the restructuring package and fresh credit support,”
    [2]The Hindu — Karnataka· 17 Sept· opens on the quote
    In the article

    …government, emphasised that the objective of the relief package was to ensure that drought-affected farmers receive timely financial support and would be protected from distress during the current agricultural season. “ The State government and the banking sector must work in close coordination to ensure that every eligible farmer receives the benefit of the restructuring package and fresh credit support, ’’ she added. Ms. Mahadevan stressed a humanitarian approach and directed that banks should maintain a sympathetic view towards affected farmers/borrowers during the drought and distress period. Banks have been advised…

Shreenath Joshi

2 quotes
  • “The objective is not merely to defer repayments but also to ensure continued flow of institutional credit so that farmers can sustain agricultural and allied activities despite the drought situation,”
    [1]The Hindu· 17 Sept· opens on the quote
    In the article

    …by January 6, 2027. Shreenath Joshi, convener, SLBC Karnataka, reiterated that banks across Karnataka were committed to implementing the relief package in a transparent, timely and farmer-friendly manner. “ The objective is not merely to defer repayments but also to ensure continued flow of institutional credit so that farmers can sustain agricultural and allied activities despite the drought situation, ” he added. The meeting was also attended by Kaya Tripathi, Regional Director, Reserve Bank of India, Bengaluru, Vishal R, Secretary, Fiscal Reforms (FR), Finance Department, GoK, NABARD and other senior officials of…

  • “The objective is not merely to defer repayments but also to ensure continued flow of institutional credit so that farmers can sustain agricultural and allied activities despite the drought situation,”
    [2]The Hindu — Karnataka· 17 Sept· opens on the quote
    In the article

    …by January 6, 2027. Shreenath Joshi, convener, SLBC Karnataka, reiterated that banks across Karnataka were committed to implementing the relief package in a transparent, timely and farmer-friendly manner. “ The objective is not merely to defer repayments but also to ensure continued flow of institutional credit so that farmers can sustain agricultural and allied activities despite the drought situation, ” he added. The meeting was also attended by Kaya Tripathi, Regional Director, Reserve Bank of India, Bengaluru, Vishal R, Secretary, Fiscal Reforms (FR), Finance Department, GoK, NABARD and other senior officials of…

Sources2

All filed from IndiaSingle originNamed India · IN-KA · Karnataka · Canara Bank · National Bank for Agriculture and Rural Development · Reserve Bank of India · Shreenath Joshi · State Level Bankers' Committee · Uma Mahadevan

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Banks to offer financial respite to farmers in 101 drought-hit taluks | Prism