Banks insisting on CIBIL score of farmers before crop loan disbursement would face FIRs: Fadnavis
Mumbai, May 10 (PTI) Maharashtra Deputy Chief Minister Devendra Fadnavis has said banks asking for CIBIL score from farmers before disbursing crop loans would face FIRs.
CIBIL score is a numeric summary of a person's credit history. The score is derived using the credit history found in the CIBIL report.
Fadnavis told reporters in Amravati on Tuesday that a decision has already been taken by the state-level banking committee that the CIBIL score condition cannot be applied during crop loan disbursement.