National Bank for Agriculture and Rural Development Current Affairs, GK & News
What is the function of NABARD? What is its Credit guarantee scheme for NBFC-MFIs?
The National Bank for Agriculture and Rural Development (NABARD) announced the introduction of a dedicated debt and credit guarantee scheme for non-banking financial companies and microfinance institutions to make sure the abundant flow of credit in COVID-19 affected rural areas. Functions of NABARD National Bank for Agriculture and Rural Development is the apex development finance ..
Month: Current Affairs - August, 2020
Category: Government Schemes Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Agriculture in India • Credit Guarantee Fund Trust for Micro and Small Enterprises • NABARD • National Bank for Agriculture and Rural Development • Rural India
Rs 795 Cr Sanctioned by NABARD for Re-Construction of Infra in West Bengal
The National Bank for Agriculture and Rural Development has decided to sanction Rs 795 Crores for the re-construction of infrastructure in West Bengal, necessitated due to the recent devastation of the recent cyclone, Amphan. The State Government requested for Rs 1028 Crores from NABARD for this work as part of the Rural Infrastructure Development Fund ..
Month: Current Affairs - July, 2020
Category: Economy & Banking Current Affairs
Topics: AMPHAN • Bangladesh • Cyclone • NABARD • National Bank for Agriculture and Rural Development • Odisha • Pre-Monsoon • West Bengal
What is the recently launched Credit linked Capital Subsidy Scheme (CLCSS) for MSMEs?
The Indian Government has decided to extend a special Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation to the MSMEs. This money is to be utilized for the Technology Upgradation. The Indian Government relaizes that the equipping a business with technology is fiscally draining and this problem is even more severe for the Micro, ..
Category: Government Schemes Current Affairs
Topics: Economy • Economy of India • Finance in India • IDBI Bank • National Bank for Agriculture and Rural Development • Sailendra Narain • Small and medium-sized enterprises • Small Industries Development Bank of India
Nabventures launches first-ever venture capital fund for agriculture and rural-focused startups
Nabventures, a subsidiary of NABARD, has recently launched its first-ever Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. The fund will have a high impact as it will provide a boost to investment ecosystem in the core areas of agriculture, food and improvement of rural livelihoods. It is registered with ..
Topics: Economy • Economy of India • India • Long Term Irrigation Fund • NABARD • National Bank for Agriculture and Rural Development • Securities and Exchange Board of India
RBI sells entire stake in NABARD, NHB to Government for Rs 1,470 crore
Reserve Bank of India has sell entire stake in NABARD and NHB to Government for Rs 1470 crore. The RBI has exited the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (NABARD), by selling its entire stakes to government for Rs 1,450 crore and Rs 20 crore, respectively, making them ..
Topics: Economy • Economy of India • IDBI Bank • NABARD • National Bank for Agriculture and Rural Development • National Housing Bank • Reserve Bank of India