National Bank for Agriculture and Rural Development Current Affairs, GK & News
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 ..
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
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, 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 ..
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 ..