July 12, 2023 7:48 PM

NABARD is ensuring development and prosperity in rural areas by making rural banking accessible, says Home Minister Amit Shah

Union Cooperation Minister Amit Shah has said that National Bank for Agriculture and Rural Development NABARD is ensuring development and prosperity in rural areas by making rural banking accessible. Addressing the 42nd Foundation Day of NABARD in New Delhi this evening, Mr Shah said, a country that has more than 65 percent rural population cannot be imagined without an institution like NABARD. The Cooperation Minister said, for the last four decades, NABARD has proved to be the backbone of this...

March 4, 2020 9:01 AM

NABARD infuses Rs 1.46 lakh cr in rural banking system during current fiscal

National Bank for Agriculture and Rural Development (NABARD) has infused 1.46 lakh crore rupees in the rural banking system during the current fiscal. In a statement, NABARD has said that 66,397 crore rupees have been given in short-term credit and 6,704 crore rupees in long-term credit to rural cooperative banks. Regional rural banks have availed 14,141 crore rupees in short-term credit and 8,417 crore rupees in long-term credit. In addition, other banks, including small finance banks, have obt...