RBI's subsidised hedging facility for external commercial borrowings lowers currency risk costs, aiming to boost dollar inflows and strengthen support for the rupee
Small Industries Development Bank of India is in talks with the International Finance Corp. to raise as much as $1 billion in five-year and seven-year tenors
The National Bank for Agriculture and Rural Development (NABARD) on Monday said G Ramesh Kumar has taken charge as its Chief General Manager of the Assam unit. Kumar assumed the responsibility from Loken Das with immediate effect, NABARD said in a statement. "An accomplished banking professional, G Ramesh Kumar brings over 30 years of extensive experience in banking and finance, with a strong focus on rural and development banking as well as project and corporate debt financing," it said. Before his current posting in Assam, he led the Business Operations vertical of NABARD for more than four years, contributing significantly to the growth and strengthening of various banks and financial institutions, it added. Kumar has previously served as Chief Financial Officer of NABSAMRUDDHI Finance, a subsidiary of NABARD, and as Vice President of NABCONS, the bank's consultancy arm wherein he handled and executed various national and international consultancy assignments.
Nabard withdrew its planned Rs 7,000-crore bond reissuance after weak investor response and demands for higher yields amid volatile market conditions
Nabard has acquired leasehold rights to a two-building commercial campus in Mumbai's Bandra-Kurla Complex from MTNL under a deal valued at Rs 350.72 crore
IFAD's AVP Donal Brown said that the funding agency is now increasingly looking to fund 3-4 direct investments in the private sector over the next year
Suicides among farmers and farm labourers declined marginally in 2024, according to the latest Accidental Deaths and Suicides in India report
NABARD and REC withdraw planned bond issuances worth Rs 11,000 crore after receiving limited bids at higher yields, reflecting cautious sentiment in the debt market
NaBFID's maiden one-year CD issue raised Rs 5,000 crore at 6.95%, pricing tighter than comparable AIFI issuances and signalling strong investor confidence in short-term funding markets
NaBFID withdrew its maiden three-year bond issue after investors sought higher yields amid hardening G-sec rates and geopolitical tensions that dampened market sentiment and pricing
NABARD has raised ₹6,779 cr through a three-year bond at a 7.01% yield, as strong demand for AAA-rated short-tenor paper persists despite elevated sovereign yields and a subdued corporate bond market
Nabfid, Hudco and Sidbi raise nearly Rs 12,000 crore at tight rates, while Nabard plans a Rs 7,000 crore bond issue next week amid cautious market sentiment
UP's priority sector credit potential rises over 18% to ₹9.14 trillion for 2026-27, led by MSMEs and agriculture amid faster digital credit delivery
Finance Ministry asks NABARD to study RRB mergers' impact as viability reforms, IPO plans and tech integration aim to boost sustainability, inclusion and rural credit growth
Nabard's Madhya Pradesh chief general manager C Saraswathi outlines priorities around rural MSMEs, agri-processing, cold storage and tribal development
Nabard estimates priority sector loan potential in Madhya Pradesh at ₹3.75 trillion for 2026-27, about 20% higher than last year, led by agriculture and MSMEs
Centre approves wage hikes for public sector insurers and Nabard, and pension revisions for RBI and Nabard retirees, benefiting over 93,000 employees and pensioners
The move assumes significance, given that it will benefit about 46,322 employees, 23,570 pensioners, and 23,260 family pensioners
GST rate cuts and welfare transfers lifted consumption, but falling crop prices clouded farm incomes
Nabard withdrew a planned ₹7,000 crore three-year bond issue after bids stayed elevated, signalling muted transmission of the RBI's recent rate cut and pressure at the short end