What changed
The amendment adds a new line to Annex I, introducing the AgriSURE fund for start‑ups and rural enterprises. No other provisions in the 2025 directions are altered. The amendment takes effect from the date of issuance.
What it means for you
Small Finance Banks must now include the AgriSURE fund in their undertakings and ensure that any related documentation and reporting reflect this addition. The move broadens the banks’ role in supporting rural entrepreneurship and startup activity.
What you must do
- Update your undertaking documents to incorporate the AgriSURE line item
- Inform all relevant stakeholders about the amendment
- Verify that any reporting templates capture the new fund details
- Identify potential beneficiaries within the rural and startup ecosystem
- Monitor compliance and fund utilisation as per RBI guidelines
Who it affects
Small Finance Banks, Rural entrepreneurs, Start‑ups, Banking regulators
What is the AgriSURE fund?
It is a fund earmarked for start‑ups and rural enterprises, added to the small finance banks’ undertaking.
When does the amendment become operative?
The amendment is effective immediately upon issuance.
Do banks need additional approvals to implement this?
No, the amendment is part of the existing undertaking and does not require separate approvals.