To extend credit support, NABARD & SBI signs 3 MoU
October 10, 2020
- To extend credit support for various NABARD projects, it has inked three Memorandum of Understanding (MoU) with State Bank of India (SBI).
Special refinance facility for WASH programme launched by NABARD
October 4, 2020
- To support the Government of India’s Water, Sanitisation and Hygiene (WASH) programme the National Bank for Agriculture and Rural Development (NABARD) has announced a special refinance facility of Rs 800 crore for Fiscal Year 2021.
NABARD to undertake Sanitation Literacy Campaign in Karnataka
September 30, 2020
- The National Bank for Agriculture and Rural Development will begin a Sanitation Literacy Campaign (SLC) in Karnataka with an aim to promote literacy on ‘WASH’ (Water, Sanitation and Hygiene) in 2,000 villages. The campaign will start from October 2 and continue till January 26, 2021.
NABARD: Disburse Rs 1.20 Lakh Crore Crop Loan to Farmers This Fiscal
September 11, 2020
- National Bank for Agriculture and Rural Development (NABARD) aims to disburse a Rs 1.20 lakh crore crop loan to farmers for meeting production expenses this fiscal and support the agriculture sector amid COVID-19 crisis.
Capital India Finance Limited Appointed Harsh Kumar Bhanwala as its new Executive Chairman
August 12, 2020
- Capital India Finance Limited Appointed former NABARD Chief Harsh Kumar Bhanwala as its new Executive Chairman. He served as chairman of National Bank for Agriculture and Rural Development (NABARD) for over six years.
NABARD launches development projects worth Rs 44 lakh in A&N Islands
July 18, 2020
- The apex development finance institution, National Bank for Agriculture and Rural Development (NABARD) has launched development projects worth Rs 44 lakhs in Andaman and Nicobar Islands, with the aim to strengthen the concept of Atmanirbhar Bharat through rural entrepreneurship.
The development projects of NABARD consist of following initiatives:
- Formation and development of Self-Help Groups (SHGs) and providing Skill development training to these SHGs members to promote rural entrepreneurship at the micro-level.
- Women attached to SHGs in Little Andaman will be trained for Mushroom Cultivation and Bamboo Handicrafts making.
- A four-month-long training program for tour and travel agents in Swaraj Dweep
- Yearly Micro-Entrepreneurship Development Programme will be carried out for 150 members of various SHGs in Mayabunder in Middle Andaman.
- The apex institution is also providing a platform for sales of local products by financing Rural Haats in Gram Panchayats.
- Total of Rs. 7.6 lakhs have been released to establish one such Haat in Namunaghar Panchayat of South Andaman.
National Bank of Agriculture and Rural Development (NABARD) to provide a credit support to Bengal in Coronavirus Crisis
July 16, 2020
- 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.
‘Digital Choupal’ campaign started by NABARD on its 39th foundation day
July 15, 2020
- National Bank for Agriculture and Rural Development (NABARD) has celebrated its 39th Foundation day on 12th July
- NABARD has organized its first “digital choupal”, a video conference which brought together farmers from across the country who have been associated with NABARD in different rural projects.
- NABARD has also announced Rs 5,000 crore of refinance scheme for banks and financial institutions for providing finance to the beneficiaries of its 2,150 watershed development projects and also earmarked another Rs 5,000 crore for turning Primary Agricultural Credit Societies (PACS), into multi service centres.
Govinda Rajulu Chintala selected as chairman of NABARD
May 21, 2020
- The Appointments Committee of the Union Cabinet has selected Govinda Rajulu Chintala as the Chairman of National Bank for Agriculture and Rural Development (NABARD).
IIT Mandi inks deal with NABARD for setting up FPOs
March 4, 2020
The Indian Institute of Technology (IIT), Mandi & Enabling Women of Kamand (EWOK) Society has signed a tripartite deal with the National Bank For Agriculture and Rural Development (NABARD) for setting up three Farmer Producer Organization in Mandi, Himachal Pradesh.