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

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

India Approves ₹30 Billion Currency Swap for Maldives to Boost Economic Stability

India has approved the ₹30 billion currency swap facility for the Maldives under the SAARC…

20 mins ago

Who is known as the Inventor of Radio?

Radio is one of the most important inventions in the history of communication. It allows…

44 mins ago

India’s Forex Reserves Rise to $703.3 Billion, Showing Signs of Economic Stability

India’s foreign exchange reserves have indicates the steady rising as it touched the $703.3 billion…

1 hour ago

India Launches Nationwide Toll-Free Helpline for Census 2027 Assistance

India has taken important step towards the simplifying the Census 2027 process by launching the…

2 hours ago

World Malaria Day 2026: Date, Theme and Global Efforts Explained

World Malaria Day 2026 is to be observed on the April 25 every year to…

3 hours ago

RBI Cancels Paytm Payments Bank Licence, Cites Regulatory Non-Compliance

The Reserve Bank of India (RBI) has cancelled the banking licence of the Paytm Payments…

15 hours ago