NABARD Current Affairs, GK & News

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 ..

Month: 

Category: 

Topics: 

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 ..

Month: 

Category: 

Topics: 

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 ..

Month: 

Category: 

Topics: 

India’s first Agriculture Export Facilitation Centre set up at Pune

The Maharashtra Chamber of Commerce Industries and Agriculture and NABARD (National Bank for Agriculture and Rural Development) recently launched the first Agricultural Export Facilitation Centre. About the Centre The Centre will aid in boosting the agricultural and food exports of the state of Maharashtra. The centre will act as a one-stop shop to export agricultural ..

Month: 

Category: 

Topics: 

Rural Infrastructure Development Fund

The National Bank for Agriculture and Rural Development (NABARD) recently announced that it provided Rs 1,236 crores to Assam in 2020-21 from its Rural Infrastructure Development Fund (RIDF). What is RIDF? It was created in 1995-96 with an initial corpus of Rs 2,000 crores. In 2020-21, Rs 29,848 crores was allocated to RIDF. With this ..

Month: 

Category: 

Topics: