Categories: Banking

NABARD extends Rs 270 crore to Assam Gramin Vikash Bank

National Bank for Agriculture and Rural Development (NABARD) has extended a Special Liquidity Facility (SLF) of Rs 270 crore to Assam Gramin Vikash Bank. The Special Liquidity Facility of Rs 270 crore has been provided to support the agricultural activities of the farmers amid COVID-19 pandemic. This line of credit would enable the farmers in enhancing their crop production and hence this amount would prove to be a boon to the agriculture credit of the state at this difficult hour.

Click Here To Get Test Series For SBI PO 2020

Amid the COVID-19 pandemic, NABARD is facilitating a liquidity support of Rs 25,000 crore nationwide to Cooperative Banks, Regional Rural Banks and Micro Finance Institutions (MFIs) during 2020-21 in order to ensure continued flow of credit to farmers and hence enable them in carrying out their agricultural operations smoothly even during COVID-19 pandemic period.

Important takeaways for all competitive exams:

  • Chairman of National Bank For Agriculture And Rural Development: G R Chintala.

Find More Banking News Here

Recent Posts

Lucknow Becomes Uttar Pradesh’s First City to Scientifically Process 100% Fresh Waste

Lucknow, the capital of Uttar Pradesh, is growing very fast. With around 40 lakh people…

7 hours ago

GoI Approves Wage Revision and Pension Revision for PSGICs, NABARD and RBI

The Central Government has approved wage revision and pension revision for employees and pensioners in…

8 hours ago

Banaras Lit Fest Book Awards 2026 Honour Namita Gokhale, Mahadev Toppo and Peggy Mohan

The Banaras Literature Festival has announced the winners of the 2nd Banaras Lit Fest Book…

8 hours ago

Tamil Nadu Launches ‘Semmozhi Illakiya Virudhu’: A New National-Level Literary Award for Indian Languages

Tamil Nadu has taken a major step in strengthening India’s multilingual literary culture by announcing…

8 hours ago

Odisha Imposes Complete Ban on Gutkha, Pan Masala, and Tobacco Products

The Odisha State Health Department has announced a strict ban on gutkha, pan masala, and…

8 hours ago

Karnataka-Born Environmentalist Kirtida Mekani Dies at 66 in Singapore

Kirtida Mekani, an India-born environmental leader who made Singapore her home, passed away on January…

9 hours ago