Nabard

Reserve Bank of India subsumes over 9K norms into 244 master directions

Move aims to ease compliance burden for regulated entities

Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

DFS secretary M Nagaraju flags a sharp fall in loan accounts and disbursals, urges MFIs to introspect, consolidate operations, and revive passion for financial inclusion

High-powered panel grants approval to various projects under Nabard's RIDF

A high-powered committee headed by the Kerala chief secretary has granted in-principle approval to infrastructure development projects worth Rs 1,441 crore in the state under tranche 31 of NABARD's Rural Infrastructure Development Fund (RIDF), the Chief Minister's Office said on Saturday. The National Bank For Agriculture And Rural Development's (NABARD) RIDF tranches are annual allocations of funds for rural infrastructure development in India. The approvals granted to the various projects were announced in a statement issued by the Chief Minister's Office (CMO) on Saturday. The CMO statement said that various projects were recommended, considering the normative allocation of Rs 550 crore under RIDF tranche 31. Projects worth Rs 159.64 crore, which include the creation of Rapid Response Teams, construction of forest station complexes and infrastructure development of forest offices, have been approved for the Forest Department, it said. The Electricity Department has been sanctio

Nabard raises ₹4,039 crore at 6.85% coupon, short of ₹7,000 crore target

Yields remain sticky with marquee state-owned issuers preferring shorter maturities

Trump tariff risks cast shadow on rural income outlook: Nabard survey

In July, the same survey showed that almost 75 per cent of rural households expected their incomes to rise in the next one year, which has now come down to 72.8 per cent in September

Nabfid, Nabard to tap overseas market by FY26-end amid yield pressure

NaBFID aims to raise $1 bn via ECBs and dollar bonds while Nabard eyes overseas fundraising by FY26-end as rising bond yields and global risks weigh on domestic mobilisation

Nabard to raise maiden external commercial borrowing in FY26, says chief

The National Bank for Agriculture and Rural Development (Nabard) is looking to raise its maiden external commercial borrowing in FY26, a top official said on Tuesday. The entity has received the Reserve Bank approval to undertake such an issuance and is now gearing up for it, its chairman Shaji KV told reporters here. "We have the permission in place and have started work on it," Shaji said, speaking on the sidelines of the annual Fibac event here. The bank is keen to undertake the issuance in FY26 itself, Shaji said, choosing not to point out to an exact timeline or quantum to be raised. Proceeds of the issue will be deployed for climate change-related financing activities for which funds are available at a discount, he said, adding that nearly the entire rural portfolio of the lender will qualify under the category. Stating that it is yet to appoint merchant bankers to undertake the fundraise, he said the final costs of borrowing will play an important role in determining the fi

Nabard promotes 6,215 farmer producer organisations, says FM Sitharaman

National Bank for Agriculture and Rural Development (Nabard) has promoted the formation of 6,215 FPOs till date under various schemes, Parliament was informed on Monday. The major support provided to Farmer Producer Organisations (FPOs) includes formation of FPOs, capacity building, credit facilitation and market linkage support, financial literacy, etc, Finance Minister Nirmala Sitharaman said in Lok Sabha. In addition, she said, Nabard, in partnership with Small Farmers' Agri-Business Consortium (SFAC) and Open Network for Digital Commerce (ONDC), has conducted FPO Melas (TARANG-celebrating Collectivisation) at 50 locations across 24 states/UTs to demonstrate the products of FPOs/OFPOs to enable the marketing & branding of FPO products. She further said Nabard extends loan assistance to state governments for the creation of rural infrastructure through various funds, that is, Rural Infrastructure Development Fund (RIDF), Nabard Infrastructure Development Assistance (NIDA), Rural

RRBs' IT integration likely to be completed by Sep 15: Nabard chairman

NABARD Chairman Shaji KV said on Monday IT integration of recently amalgamated Regional Rural Banks (RRBs) on the principles of 'One State One RRB' is expected to be completed by September 30. The amalgamation of RRBs on the principles of 'One State One RRB' became effective from May 1. This was aimed at improving scale efficiency and cost rationalisation. With this, now, there are 28 RRBs in 26 states and 2 UTs with more than 22,000 branches covering 700 districts. Speaking at a CII event, Shaji said that as of May 1, integration of all the RRBs at the state level has been done, and by September, the IT integration of RRBs is expected to be completed. The chairman said that NABARD (National Bank for Agriculture and Rural Development) is working on building a common digital infrastructure with RRBs. They are rolling out credit infrastructure and government data systems to reach rural populations. However, challenges like low internet bandwidth and awareness exist, but efforts ar

Nabard gets approval to raise ₹19.5K cr via deep-discount zero-coupon bonds

Nabard can raise funds via these deep-discount zero-coupon bonds, which mature in 10 years, 11 months, and 13 days, until the end of March 2027, a government document showed on Friday

Govt to establish 3 multi-state cooperatives for dairy sector growth

The government on Tuesday decided to set up three new multi-state cooperative societies for the dairy sector to focus on animal feed, dung management and circular use of dead cattle residues. Cooperation Minister Amit Shah, who chaired a meeting on sustainability and circularity in the cooperative dairy sector, said the goal should be to create a sustainable dairy ecosystem that promotes a circular economy. "As we move towards White Revolution 2.0, our goal should not only be to expand dairy cooperatives and make them efficient and effective but also to create an ecosystem of dairy which is sustainable," Shah said. According to an official statement, the first society will work on animal feed production, disease control and artificial insemination, the second will develop models of dung management, and the third will promote circular use of dead cattle residues. Shah emphasised that carbon credit benefits should directly reach farmers through scientific models. He highlighted the n

Nabard buys 10% stake in 24x7 Moneyworks to boost rural credit digitisation

The National Bank for Agriculture and Rural Development (Nabard) has acquired a 10 per cent stake in agri fintech startup 24x7 Moneyworks Consulting Pvt Ltd. This marks Nabard's first-ever investment in a bootstrapped startup, reinforcing its commitment to digital transformation in rural India, the apex rural credit institution said in a statement. 24x7 Moneyworks Consulting Pvt. Ltd's flagship platform, eKisanCredit (eKCC), is a fully digital loan origination system designed for Cooperative Banks, PACS and RRBs, it said. The eKCC platform integrates seamlessly with land records, Aadhaar, eKYC, core banking systems and ePACS, enabling end-to-end automation of the rural credit lifecycle, it said. Over the past two and half years, Nabard has piloted eKCC across various banks and the system is now ready for nation-wide roll-out, it said. "eKCC has demonstrated the potential to improve access, transparency, and efficiency in dispensing agricultural credit This strategic collaboration

Nabard, HSBC invest around Rs 80 crore for 10% equity stake in OPL

OPL, a digital credit infrastructure company, has received funding of about Rs 80 crore from Nabard and HSBC, officials said on Monday. The funding will be used to drive innovation in digital ecosystems, according to a statement. The statement didn't specify the funding amount, but officials pegged it at around Rs 80 crore for a 10 per cent stake. Nabard's chairman K Shaji said the apex institution for rural development is committed to leveraging technology to enhance financial inclusion and promote sustainable growth in rural India. "This partnership represents a significant step towards achieving our strategic goals," he added. HSBC's group head for ventures Moran Levinovitz said the investment in OPL is a step forward in its mission to enhance digital lending capabilities in India. A senior representative from OPL said Nabard's expertise in rural digitisation and HSBC's global financial acumen will help accelerate innovation, enhance credit accessibility, and transform the len

Nabard, Sidbi raise Rs 14K cr amid demand for short to medium tenor bonds

This marks a shift from their usual preference for long-tenor bonds, as an oversupply of such bonds has driven yields higher

Sa-dhan seeks new MFI refinance body, calls for more equity support

Sa-dhan has urged the government to set up a dedicated MFI refinance body and increase flexibility in the India Microfinance Equity Fund to address funding challenges in the microfinance sector

Nabard sees credit potential of Rs 2,106 cr for Nagaland in priority sector

The National Bank for Agriculture and Rural Development (NABARD) projected a credit potential of Rs 2,106.34 crore for 2025-26 under priority sector activities in Nagaland. The projection was made in the State Focus Paper (SFP) released by Advisor for Agriculture Mhathung Yanthan during a seminar organised by NABARD here on Tuesday. The SFP stated that of the total projection, Rs 712 is for agriculture, Rs 968 crore for MSME and Rs 425 crore for other sectors. The paper outlines a comprehensive assessment of the state's credit potential for priority sector activities, which include agriculture, rural development, and infrastructure projects to help guide financial institutions in channelling credit effectively, said NABARD General Manager Pauliankap Bulte. He said banks should focus on extending credit to Farmer Producer Organisations (FPOs). Bulte stressed the importance of supporting Primary Agricultural Credit Societies (PACS), including those identified for computerisation und

MP priority sector has a credit potential of Rs 3.13 trillion, says Nabard

State focus paper released in State Credit Seminar, maximum credit potential in agriculture and MSME sectors

Economic Survey 2024-25: Rural demand rises, urban sends mixed signals

It also noted that the impulse from rural demand is expected to continue in the second half of the financial year

Growth in agri credit may top 13% in FY25: Nabard chairman Shaji KV

Nabard chair Shaji KV says rise shows declining reliance on informal sources

PM Modi launches 6-day Grameen Bharat Mahotsav, unveils rural India vision

At the inauguration, PM Modi interacted with artisans and was felicitated by Nabard Chairperson Shaji KV