Government data indicates that less than 40 per cent of MSMEs borrow from the formal financial system
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
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.
With this funding, Eggoz intends to increase its brand footprint, launch egg-based value-added products, and enter new geographies.
The bank has launched a local Sustainable Economic Development Training Programme
AU Small Finance Bank (SFB) on Wednesday said it has inked an MoU with NABARD for rural development initiatives in Rajasthan
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
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
State may see highest disbursals of crop loans of Rs 1.45 trillion through NABARD
Nabard recruitment 2021: Interested and eligible candidates can apply through the official website --- nabard.org
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.
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
Institution will also manage two credit funds-one for animal husbandry, the other for supporting Farmer Producer Organisations in 2021-22
REC raised just over Rs 3,600 crore through a 15-year paper carrying coupon of 7.4 per cent.
Dealers said the PSU may have tied up with investors before launching the issue. There may be some anchor investors.
One group is led by top payment solutions firm Financial Software and Systems, the other by FIS, which provided tech solutions for merchants, banks, and capital markets firms globally
The money raised will be mostly used for rural development programmes run by the government
NABARD believes the strategy of achieving higher growth in agriculture needs to be based on forming new farmer producer organisations (FPOs) and nurturing the existing ones
Nabard said it has sanctioned Rs 30,200 crore in the same time
Allocation to the Rural Infrastructure Development Fund (RIDF) was increased to Rs 40,000 crore