NABARD Approves Rs 14,690 cr Funding to Rajasthan

National Bank for Agriculture and Rural Development (NABARD) has extended total credit support of Rs 14,690 crore to Rajasthan for 2017-18.

Rajasthan has been one of the biggest beneficiaries under the Rural Infrastructure Development Fund (RIDF) of NABARD, under which NABARD disbursed concessional loan of Rs 1,851.29 crore to the state government during 2017-18.
Source- The Moneycontrol

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Harsh Kumar Bhanwala is the Chairman of NABARD.
  • NABARD came into existence on 12 July 1982.
  • It headquarters in Mumbai, Maharashtra.