No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2006-2007/294 · issued 28 Mar 2007 · ~1 min read
Quick answerRBI shifts KCC term loan progress reporting from monthly to quarterly. Banks must submit reports within 15 days of quarter-end, with a special deadline of April 10, 2007 for the March 2007 quarter.
What changed
Previously, banks reported KCC term loan progress monthly. Now, reporting is quarterly, with reports due within 15 days of quarter-end. A one-time deadline of April 10, 2007 is set for the March 2007 quarter.
What it means for you
This reduces reporting burden for banks, allowing more time to compile data. However, the quarterly format still requires detailed breakdowns of crop and term loan cards issued and amounts sanctioned. Banks must adjust internal reporting cycles to meet the new timeline.
Historical instruction — do not use for current compliance. This is what was required at the time; it no longer reflects current RBI requirements. If no replacement rule is linked above, that only means none is recorded on our register yet — it does not prove no later applicable rule exists. Confirm on the official RBI source below.
What banks were required to do at the time
Update internal reporting schedules from monthly to quarterly for KCC term loan progress.
Ensure quarterly reports are submitted within 15 days of quarter-end.
Submit the March 2007 quarter report by April 10, 2007.
Use the prescribed format for reporting crop and term loan data.
Who it affects
All Scheduled Commercial Banks, Banks offering KCC term loans for agriculture and allied activities
❓ Common questions
Regulatory timeline
Decoded by BankPulse2026-06-19 17:37 IST
Status change: withdrawn05 Aug 2026, 04:00 IST
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
What is the new reporting frequency for KCC term loan progress?
Quarterly, instead of monthly. Reports are due within 15 days of the quarter's end.
Is there a special deadline for the March 2007 quarter?
Yes, the report for the quarter ending March 2007 must be submitted by April 10, 2007.
What data must be included in the quarterly report?
Number of cards issued, aggregate credit limit sanctioned, and cumulative figures for both crop loans and term loans under KCC.
📜 Read the original circular — full text as issued by RBI
RBI/2006-2007/294
RPCD. PLFS.BC. No. 58/05.05.09/2006-07
March 28, 2007
The Chairman and Managing Director/Chief
Executive Officer,
All Scheduled Commercial Banks
Dear Sir,
Scheme to cover term loans for
agriculture & allied activities under KCC
Please refer to our circular RPCD.PLFS.BC.NO 38/05.05.09/2004-05 dated October 4, 2004 forwarding therewith the revised Model Scheme prepared by NABARD and advising you to report the progress in this regard to us, on a monthly basis , in the prescribed format. In this connection, it has been decided that the progress in this regard may henceforth be reported to us, on a quarterly basis , in the format enclosed within 15 days of the close of the quarter. Further, we advise that the progress report for the quarter for ending March 2007 may please be forwarded to us by 10th April 2007 positively.
Yours faithfully,
(R.Sebastian)
General Manager
KCC Scheme - Progress Report for the quarter
Agency :Public Sector/Private Sector Bank
(A) Crop Loans :
Name of
the Bank
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2006-2007/294 · issued 28 Mar 2007. The plain-English explanation above is BankPulse’s own independent summary.
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 05 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=3383&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
Help us keep this accurate
Found an inaccuracy or have an improvement? Tell us. Every report is reviewed by our team before any change is made — nothing goes live unverified.
Public beta — plain-English informational summaries. Always verify against the official RBI source (circular number cited on every page) before making compliance, credit, treasury, audit, or operational decisions. · Join our WhatsApp channel ↗
BANKPULSE · FREE DAILY BRIEF
Get RBI updates for your role
Every important RBI update, decoded in plain English — for your career, exams & financial awareness.
We collect only your email, name and role, used solely to send your brief — never sold or shared. Withdraw anytime via the unsubscribe link in any email. Independent platform, not affiliated with the RBI. Information, not legal advice.
REPORT AN ERROR · BETA
Spotted an error? Earn 500 BankPulse Credits
Help us stay accurate. If your correction is verified true and approved by our founder, you earn 500 BankPulse Credits — redeemable when the platform monetises.
Reviewed by a human before any credit is awarded. We never change the site from crowd input without verification.
WANT A NEW FEATURE · BETA
What would make BankPulse more useful for you?
Tell us what to build next — a tool, a data view, a role page, anything. We read every suggestion.
Thank you — your ideas directly shape what we build.