Fewer Kisan Credit Card borrowers as banks grapple with NPAs in farm sector

Agriculture loans under Kisan Credit Card( KCC), the key channel of banking sector farm credit, has witnessed a fall in the number of active borrowers. 

According to banks, while KCC loans continue to account for a large chunk of agriculture credit, the rising non-performing assets ( NPA) in the sector over the years has been a concern. Several public banks are now focusing on agriculture infrastructure credit, like warehouses and cold storages, while the growth in KCC loans remains muted.  

According to data from Reserve Bank of India, the number of active KCC borrowers fell from nearly 71.52 million in