Tasked with the job of ensuring uninterrupted credit supply to the farming activities through co-op banks and RRBs, the Nabard has achieved a remarkable feat in the financial year 2021-22 by raising the stake to Rs
Nabard balance sheet grows 24% to Rs 6.57 lakh crore in FY21
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Last Updated: Apr 06, 2021, 04:14 PM IST
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The growth in business was helped by various schemes announced by the government, rejigging of processes and products done by the institution and also as it encouraged clients, institutions and state governments to avail the benefits of the schemes as much as possible for faster developments, Nabard Chairman said.
Agencies
The loans and advances of the development bank has grown from Rs 4.81 lakh crore to Rs 6.03 lakh crore
National Bank for Agriculture and Rural Development (Nabard) on Tuesday reported a 24 per cent growth in its balance sheet to a record high of Rs 6.57 lakh crore in the financial year ended on March 31, 2021.
G R Chintala takes over chairmanship of APRACA newzealandstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzealandstar.com Daily Mail and Mail on Sunday newspapers.
NABARD chairman G R Chintala takes over chairmanship of APRACA ANI | Updated: Mar 05, 2021 19:02 IST
New Delhi [India], March 5 (ANI): National Bank for Agriculture and Rural Development (NABARD) Chairman G R Chintala on Friday took over the chairmanship of the Asia Pacific Rural and Agricultural Credit Association (APRACA).
Chintala is succeeding Bank of Ceylon CEO DPK Gunasekera in office.
Speaking to ANI, Chinatala said, APRACA is a body of 24 nations with close to 88 members. It is an international organisation, which does a lot of information exchange, takes capacity building initiatives, and creates new institutions. The last chairmanship India got was in 1999, which is almost 19 years back. This is a very big thing for the nation and proud day for an institution to head the international body.