Page 5 - Nabard

NABARD sanctions Rs 220 cr to Odisha govt for flood protection projects

NABARD has sanctioned the fund for construction of 57 flood protection projects and one bridge at a rural area

Bengal farmer earns 3 times less than Punjab counterpart: NABARD report

A recent report titled "Farmers' Welfare: An analysis across states of India," by the National Bank for Agriculture & Rural Development (NABARD) has pointed out that West Bengal's farming sector is lagging behind other states on two crucial counts.

Financial Services Bureau recommends Mohammad Mustafa as NABARD Chairman

The Financial Services Institutions Bureau (FSIB) on Wednesday recommended Mohammad Mustafa as the Chairman of NABARD. "After interfacing with 15 candidates on August 16-17, 2022, the bureau recommends Mohammad Mustafa for the position of Chairman in National Bank for Agriculture and Rural Development (NABARD)," FSIB said in a statement. The final decision on the recommendation of FSIB would be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi. Mustafa, a 1995 batch IAS officer of the Uttar Pradesh cadre, served as the Chairman and Managing Director (CMD) of Small Industries Development Bank of India. Earlier, he had served as a Joint Secretary in the Department of Financial Services and also as a Director. He had also served as CMD of National Housing Bank between 2014-15 and as MD of CERSAI in 2016. NABARD is the apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India.

India at 75: A journey from growing more food to smartly growing it

Unless policies are pursued to address all the problems facing Indian agriculture holistically, the sector would find it difficult to meet the challenges of a new India

Centre asks IBA to ready EASE-like plan for regional rural banks

The banks' lobby group has been asked to assist with the preparation of the viability plan for RRBs

Govt allots Rs 2,516 cr for computerisation of primary agri co-op societies

The model bylaws will enable PACS to offer economic activities other than credit which includes developing cold-storage facilities in villages, running PDS shops and locker facilities for depositors

A Vyapar Credit Card for MSMEs

Government data indicates that less than 40 per cent of MSMEs borrow from the formal financial system

NABARD to raise Rs 3.5 trn in FY23; bond issuance seen at Rs 45,000 cr

Nabard will work on a viability plan for 22 regional rural banks in the next six months to address issues of capital adequacy, business growth and human resources

NABARD pegs Odisha's credit potential for 2022-23 at Rs 1.34 trillion

The National Bank for Agriculture and Rural Development (NABARD) has projected Odisha's credit potential for the financial year 2022-23 at Rs 1,34,665 crore, officials said here on Tuesday.

Eggoz raises $3.5 mn in Series A funding round led by NABVENTURES

With this funding, Eggoz intends to increase its brand footprint, launch egg-based value-added products, and enter new geographies.

ESAF join hands with NABARD for local economic development in Kerala

The bank has launched a local Sustainable Economic Development Training Programme

AU SFB, NABARD ink MoU for development initiatives in Rajasthan

AU Small Finance Bank (SFB) on Wednesday said it has inked an MoU with NABARD for rural development initiatives in Rajasthan

Nabard chief stresses on strengthening IT infra of cooperative banks

Strengthening of IT infra of cooperative banks, enhancement of agriculture term loans and diversification of credit portfolio are important factors to make them sustainable on a long term basis

Nabard's loans rise 25.2% to reach Rs 6 trn in FY21: Annual report

The total loans and advances extended by NABARD during 2020-21 registered a growth of 25.2 per cent year-on-year to reach Rs 6 trillion

DMK govt lines up sops in Tamil Nadu's first exclusive farm budget

State may see highest disbursals of crop loans of Rs 1.45 trillion through NABARD

Nabard recruitment 2021: Apply for 162 vacancies on nabard.org; see details

Nabard recruitment 2021: Interested and eligible candidates can apply through the official website --- nabard.org

IFFCO Kisan Sanchar setting up 17 FPOs in Guj in tie-up with NABARD, NCDC

Fertiliser major IFFCO's arm IFFCO Kisan Sanchar Ltd is setting up 17 Farmer Producer Organisation (FPOs) in Gujarat in association with NABARD and NCDC.

Microfinancing lessons from a mandi that govt-run Mudra seems to have lost

MFI agents hand out 15-day loans in cash with a lecture on vaccines to the women, who would otherwise approach money lenders to buy vegetables in bulk and sell at the market next to the Ganga

Nabard to raise Rs 3.9 trn in FY22, expand balance sheet to Rs 7.5 trn

Institution will also manage two credit funds-one for animal husbandry, the other for supporting Farmer Producer Organisations in 2021-22

Nabard, REC, TMF Holdings, L&T Finance raise Rs 6,900 cr in stable market

REC raised just over Rs 3,600 crore through a 15-year paper carrying coupon of 7.4 per cent.