New Delhi, 06 December 2021

As per news report of The Indian Express, At present, there is neither a unified mechanism to tackle Non-Performing Assets (NPAs) in the farm sector nor a single law that deals with enforcement of mortgages created on agricultural land. Agriculture being a state subject, the recovery laws — wherever agricultural land is offered as collateral – varies from state to state. According to a senior banker, the idea of an ARC for farm loans was discussed in a meeting of the Indian Banks’ Association in September. The IBA committee on agriculture and allied activities discussed that “as agriculture market is scattered in India, different banks have to make efforts to capture and connect to these markets”. It was felt if there was a single institution/ ARC, the cost of recovery can be optimised, a source present in the meeting said. The first deposit becomes more valuable when users enter the promo code for 1xbet linking their registration to premium benefits. These include a 100% bonus up to $130 or a 100% welcome bonus up to €130 for sports bets. Casino promotions offer €1,950 and 150 free spins. With global sports coverage and live odds, these bonuses support an engaging betting experience.

Source - The Indian Express

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