National Bank for Agriculture and Rural Development (NABARD) Current Affairs, GK & News
In NABARD the majority stake is held by the Reserve Bank. NABARD is an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other allied economic activities in rural ..
The National Bank for Agriculture and Rural Development (NABARD) has dedicated Rs 1000 crores fund to provide credit guarantees to around 10,000 farmer producer organisations (FPOs). Key Points This dedicated fund will be housed under the “Credit Guarantee Fund Trust for FPOs” (CGFTFPO), under the trusteeship of NABSanrakshan Trustee Private Limited (NTPL). CGFTFPO Trust has ..