NABARD Current Affairs, GK & News

New Managing Director (MD) of NaBFID

Rajkiran Rai G has been appointed as managing director (MD) for five years. Appointment has been done by Centre and Board of National Bank for Financing Infrastructure & Development (NaBFID). His name was recommended by Financial Services Institutions Bureau (FSIB). On July 30, 2022, Reserve Bank of India (RBI), Development finance institutions (DFI) nomination & remuneration ..

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NABARD Grameena Habba

‘Grameena Habba,’ a platform for rural artisans to sell handicraft, agricultural, and handloom products, is being held by NABARD’s Karnataka regional office in Bengaluru till March 14. Overview: This event features handloom sarees, handmade arts, home decors, handwoven clothing material, natural beauty products, tribal products, jewellery, organic food products, and accessories from weavers, rural artisans, ..

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Assam: Paper Ballots to EVMs in Local Polls

The Cabinet of Assam in its meeting that was presided over Chief Minister Himanta Biswa Sarma gave approval to the proposal of replacing paper ballots with Electronic Voting Machines (EVMs) in the polls of Guwahati Municipal Corporation. Overview: The approval that was given to the Guwahati Municipal Corporation (Amendment) Bill, 2022 to replace paper ballots ..

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NABARD approves credit plan for rearing Yak Husbandry

National Bank for Agriculture and Rural Development (NABARD) approved a credit plan on September 28, 2021 for yak husbandry in Arunachal Pradesh. Key facts This credit plan for yak husbandry will help herders in securing loans for strengthening their livelihoods. This scheme was developed by “National Research Centre on Yak (NRCY)” located at Dirang in ..

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Rajasthan: AU SFB- NABARD to boost rural development projects

Private sector AU Small Finance Bank (SFB) signed a pact with the National Bank for Rural and Development (NABARD) on September 29, 2021 in a bid to boost ongoing rural development initiatives in the state of Rajasthan. Highlights A Memorandum of Understanding (MoU) was signed in the presence of NABARD Chairman and Managing Director of ..

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Merger of DCCBs with StCBs

Reserve Bank of India will consider merger of District Central Co-operative Banks (DCCBs) with State Cooperative Banks (StCBs) if the concerned state government will make any proposal. Highlights RBI has notified the guidelines for merging DCCBs with StCBs as two-tier Short-term Co-operative Credit Structure (STCCS). Banking Regulation (Amendment) Act, 2020 has also been notified in ..

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