Focus Merit

National Bank of Agriculture and Rural Development (NABARD) to provide a credit support to Bengal in Coronavirus Crisis

NABARD
  • To fight with the COVID-19 pandemic, National Bank of Agriculture and Rural Development (NABARD) to provide a credit support of Rs 1,607 crore to West Bengal.
  • The help was provided through state cooperative banks, regional rural banks and micro-finance institutions.
  • Of the total credit flow, Rs 145 crore was given under the Rural Infrastructure and Development Fund (RIDF) to boost infrastructure in the country-side during the pandemic.