The National Bank for Agriculture and Rural Development (NABARD) has announced a special refinance facility of Rs 800 crore for Fiscal Year 2021. With this, NABARD will support the Government of India’s Water, Sanitisation and Hygiene (WASH) programme.
NABARD will provide concessional refinance to all eligible financial institutions including commercial banks, regional rural banks and cooperative banks with a repayment period of up to 36 months. The support will be channelised to fund WASH activities, a thrust area eligible for 95% refinance. The bank credit will also be extended to NBFCs-MFIs and other MFIs (Societies, Trusts).
Important takeaways for all competitive exams:
Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in the competitive…
World Basketball Day 2025 highlights the remarkable journey of basketball from a simple indoor game…
The United Nations marked the second World Meditation Day on the 21st December with a…
The Winter Solstice 2025 occurs on Sunday, December 21 marking the shortest day and longest…
The Haryana State Assembly has unanimously passed a resolution to mark the 350th martyrdom year…
Every country has something special that makes it famous around the world. Some are known…