Page 9 - Nabard
Nabard extends Rs 9,241 cr to co-operative banks, RRBs as refinance in Guj
National Bank for Agriculture and Rural Development (Nabard) has extended Rs 9,241 crore as refinance support to cooperative banks and regional rural banks (RRBs) in Gujarat for providing crop loans to farmers during 2016-17. The bank has sanctioned Rs 2274 crore to the Government of Gujarat for irrigation project of SAUNI Yojana."Refinance support amounting to Rs 9241 crore has been extended to cooperative banks and RRBs in Gujarat for providing crop loans to farmers by Nabard in 2016-17. This is highest ever refinance support given by the bank in Gujarat," said official of Nabard in Gujarat.Nabard has provided Rs 2,274 crore to the state government for irrigation projects under rural infrastructure development fund (RIDF). The fund was given for Saurashtra-Narmada Avataran Irrigation Yojana (SAUNI) link 2 and 4, lift Irrigation project from Kadanna reservoir and Sardar Sarovar canal based drinking water supply project."As per the state's requirement, we have sanctioned Rs 2,274 ...
 "Nabard extends Rs 9,241 cr to co-operative banks, RRBs as refinance in Guj")
Shun farm debt waivers: Nabard
Nabard said such schemes should be only for needy people
 "Shun farm debt waivers: Nabard")
Govt moves bill in Lok Sabha to raise Nabard's capital to Rs 30K cr
RBI currently holds 0.4% of paid-up capital of Nabard and remaining 99.6% is held by central govt
Nabard rolls out Rs 5,900 cr for area based plan in Odisha
The 'Sectoral Development & Banking Plan' aims at providing comprehensive credit to six identified sectors
 "Nabard rolls out Rs 5,900 cr for area based plan in Odisha")
Nabard to raise Rs 20,000 cr for on-lending to cooperative banks
Lending rate will be 4.5% with an aim to provide cheaper crop loans to farmers
Nabard sanctions Rs 205 crore loan for Haryana
It is for the first time that Nabard has sanctioned this type of project in the state of Haryana
NABARD sanctions Rs 204.67 cr for Haryana
Aggregate length of the proposed three rural bridges is 329.20 m and that of proposed 26 rural roads in 10 districts is 184.78 Km
NABARD sanctions Rs 26.06 crore to Punjab
The fund has been sanctioned for tackling waterlogging by constructing lift schemes in low-lying areas
Nabard sanctions Rs 177 cr for Punjab
It is for construction of 843.75 km main branches of watercourses and installation of RO plants
Nabard lends Rs 1,000 crore to HSWC for wheat procurement
The Haryana Food and Supplies Department expects around 75 lakh metric tonnes of wheat in the current season
 "Nabard lends Rs 1,000 crore to HSWC for wheat procurement")
Nabard sanctions Rs 8,800-crore loans in Odisha in FY16
Against these sanctions, the regional office has disbursed Rs 8,367 crore to the state government, banks and corporations
 "Nabard sanctions Rs 8,800-crore loans in Odisha in FY16")
Nabard FY17 borrowing estimated at Rs 50k cr
The market borrowings also include the funds raised through tax-free bonds
 "Nabard FY17 borrowing estimated at Rs 50k cr")
Nabard refinances Rs 2,500 crore NBFC-MFI loans in 1st year
Chairman HK Bhanwala said they wish to grow its exposure to NBFCs in FY17, but declined to give a target
Nabard's tax-free bonds offer risk-free investment
Lock into these long-term bonds for higher interest rates and capital appreciation
J&K govt launches Rs 4,200 crore NABARD's PLC Plan in Jammu
Various action points like social mobilisation, creation of awareness and skill formation drives have been identified