Nabard's assistance to Odisha crosses Rs 100 bn by the end of Q3

For infrastructure creation, the bank has extended financial support to the tune of Rs 211.8 bn

The rural development refinancing agency National Bank of Agriculture and Rural Development (Nabard's) developmental financial assistance to Odisha has crossed Rs 100 billion mark before the end of Q3 in the current financial year.

"During the last fiscal, Nabard had extended financial assistance to the tune of Rs 147.15 billion to the state government and the banks, an achievement of 150 per cent given. This year we aim to cross the last year's figure", K C Panigrahi, chief general manager, Nabard (Odisha regional office).

Under refinance channel, Nabard has so far extended Rs 486 billion to the cooperative banks for