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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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Synopsis
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. ....

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