What changed
The RBI has added 'AgriSURE - Agri Fund for Start Ups & Rural Enterprises' to Annex I of the Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) Directions, 2025, via the Amendment Directions, 2026.
What it means for you
This amendment adds AgriSURE to the list of financial services that Urban Co-operative Banks can undertake, effective immediately.
What you must do
- Review and update your bank's financial services offerings to include AgriSURE as per the amended directions
- Ensure compliance with the amended directions
Who it affects
Urban Co-operative Banks
What is AgriSURE?
AgriSURE is an Agri Fund for Start Ups & Rural Enterprises
When does the amendment come into effect?
The amendment comes into effect immediately
What is the purpose of the amendment?
The amendment adds AgriSURE to Annex I of the Directions, allowing Urban Co-operative Banks to undertake this financial service.