Answer: RBI (Reserve Bank of India) and NABARD (National Bank for Agriculture and Rural Development)
Notes: On May 28, 2025, the Government approved the continuation of the Modified Interest Subvention Scheme (MISS) for the year 2025–26. It is a Central Sector Scheme, fully funded by the Government of India, aimed at providing affordable credit to farmers. Under MISS, farmers get short-term agricultural loans through the Kisan Credit Card (KCC) at a concessional rate. Loans are provided by Scheduled Commercial Banks (SCBs), Small Finance Banks, Regional Rural Banks (RRBs), Cooperatives, and Computerized Primary Agricultural Credit Societies (PACS) linked to SCBs. The implementing agencies for settling interest subvention claims are the Reserve Bank of India (RBI) and the National Bank for Agriculture and Rural Development (NABARD).
