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The Latest Breaking News from NABARD

Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in India

Nabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push for artificial intelligence and cloud computing capacity. The lender anticipates continued strong demand from hyperscalers and cloud service providers. Nabfid plans to raise approximately Rs 1 trillion to fund these large projects.…

The Economic Times

NABARD marks 23rd GI Day; facilitates GI applications for six Delhi products

Nabin Kumar Roy, Chief General Manager, NABARD, New Delhi Regional Office, highlighted the expansion of NABARD’s GI initiative in Delhi from three products identified last year to nine products currently

The Economic Times

Productivity enhancement may lead to further reduction in agriculture sector NPA: Nabard Chairman

Agriculture sector NPAs have significantly decreased to single digits, according to Nabard Chairman Shaji Krishnan V. Boosting crop productivity and enhancing credit facilities will drive further improvements, he said.

The Economic Times

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NABARD, NaBFID sign MoU for funding rural infrastructure projects

NABARD and NaBFID have signed an initial pact to strengthen collaboration. This agreement focuses on financing infrastructure projects with significant rural impact. The memorandum provides a framework for joint financing and knowledge sharing. Key areas include water, sanitation, irrigation, and post-harvest storage facilities. This partnership aims to advance rural prosperity…

The Economic Times

NABARD highlights Delhi’s handloom weavers through two-day exhibition

Nabin Kumar Roy, Chief General Manager, NABARD, New Delhi Regional Office, highlighted the role of ecosystem enablers such as NABARD, the Government of India, NHDC, and other institutions in the sustainable development of the handloom and handicrafts sectors.

The Economic Times

Delhi State Cooperative Bank to venture into financing farmers, artisans

Inaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial inclusion and local economic development.

The Economic Times

Looms of Ladakh rejects irregularity charges, says Pashmina cooperative acted within law

Looms of Ladakh Women Cooperative Ltd denies registration and functioning irregularities. The cooperative asserts its decade-long work followed all legal requirements and oversight. Administration concerns were raised with the Union Ministry of Home Affairs regarding governance. Prime Minister Modi and the UN have recognized the cooperative's efforts. The cooperative has…

The Economic Times

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Farmer denied Central govt subsidy on dairy loan: Federal Bank ordered to pay Rs 1.7 lakh; court says bank failed to give NABARD the claim details for nearly seven years

Farmer denied Central govt subsidy: A Kerala consumer commission has ordered Federal Bank to pay Rs 1.76 lakh to a dairy farmer from Kannur after ruling that the bank's failure to properly file his NABARD subsidy claim on time cost him a benefit he was fully entitled to. The court…

The Economic Times

NABARD plans credit boost for agriculture through revised unit cost framework

The revisions reflect current market prices and technological advancements, promoting realistic project financing and encouraging sustainable growth.

The Economic Times

Jharkhand: Bhagaiya silk, Kuchai silk, Munda jewellery, bamboo craft get GI tag

Jharkhand's traditional crafts have achieved a significant milestone for the artisans and weavers of Jharkhand. Bhagaiya silk, Kuchai silk, Munda jewellery, and bamboo craft products have been awarded Geographical Indication (GI) tags. This recognition celebrates the state's rich heritage and the skills of its artisans. NABARD played a key role…

The Economic Times

Top NABARD Schemes for Rural Development and Agriculture

The National Bank for Agriculture and Rural Development has introduced numerous schemes to promote developmental projects by both financial

USA Today Sports Media Group

Krishikalpa in partnership with NABARD launches programme for farmers

Krishikalpa launches accelerator programme for FPOs in Bengaluru with NABARD support, aiming to transform rural businesses sustainably.

The Hindu

30 years on, eco-restoration of stream a success

In two years, Forest department has initiated eco-restoration with support of UNDP and NABARD and systematically removed exotic species allowing natural grasses to flourish – in turn sustaining the rejuvenated stream.

The Hindu

Kerala Forest dept. to launch project to conserve ‘Vayals’ in Wayanad: Minister

Forest Minister A.K. Saseendran announces project to conserve 'Vayals' in Wayanad with NABARD support, addressing human-wildlife conflict.

The Hindu

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The Hindu

NABARD pegs credit plan estimate for Villupuram at over ₹13,000 crore for 2024-25

The Hindu

NABARD pegs A.P. credit potential for priority sectors at ₹3.55 lakh crore

NABARD projects ₹3.55 lakh crore credit potential for Andhra Pradesh's priority sectors, with a focus on agriculture and rural development.

The Hindu

NABARD estimates ₹3.97 lakh crore credit potential for Karnataka in 2024-25

National Bank for Agriculture and Rural Development (NABARD) has estimated the credit potential for Karnataka at ₹3.97 lakh crore for 2024-25.

The Hindu

NABARD pegs credit plan estimate for Kallakurichi at over ₹12,000 crore for 2024-25

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The Hindu

Potential-linked credit plan envisages priority sector lending of ₹22,075 cr. in 2024-25 in Thiruvananthapuram

A potential-linked credit plan prepared by NABARD envisages priority sector lending to the tune of ₹22,075 crore in 2024-25 in the district.

The Hindu

NABARD Crafts Mela begins at Maris Stella College Auditorium in Vijayawada

NABARD crafts mela showcasing traditional handloom & handicraft products from across India till Jan 12. Ms. Sunitha advises artisans to make products as per market demand.

The Hindu

DLRC meet assesses performance of banks in Wayanad

DLRC assesses banks' performance in KALPETTAA district; ₹4,533 crore disbursed in Q2 FY 2023-24.

The Hindu

Cholanaikar basket, broom to be displayed in Delhi exhibition

Cholanaikar tribespeople from Nilambur to showcase 18 tribal products at NABARD exhibition in New Delhi.

The Hindu

Kozhikode leg of Vikasit Bharat Sankalp Yatra to begin from Tuesday

Kozhikode's Vikasit Bharat Sankalp Yatra, led by District Lead Bank with NABARD & Central govt. support, begins Tues. at Kadalundi. Aim: familiarise public with Central projects. Will pass through 70 grama panchayats, 2/day until Jan 10. Governor Arif Mohammed Khan flagged off Yatra at Attappadi, Palakkad on Nov 15.

The Hindu

Forest dept. to implement ₹14.94-cr. project for man-animal conflict mitigation under High Range Circle

Forest dept. receives ₹14.94 cr for project to mitigate man-animal conflict in Idukki, Kottayam & Ernakulam. 116-km hanging solar fencing & 14.3-km elephant-proof trench to be built in 5 forest divisions. 30.29-km fencing in Ernakulam, 65-km in Idukki & 21-km in Kottayam. Project to be completed in 2 yrs.

The Hindu

T.N. Governor R.N. Ravi flags off Viksit Bharat Sankalp Yatra vehicle in Jawadhu Hills

Gov. R.N. Ravi flagged off Viksit Bharat Sankalp Yatra van in Tiruvannamalai to reach out to citizens eligible for various central schemes. The van will cover 103 villages, distributing seed kits, gas connections, credit cards, and more. Officials from ICAR, NABARD, and ICAR Krishi Vigyan Kendra were present.

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