Nabard’s largess to Gujarat co-op banks

Nabard has extended Rs 9,241 crore as refinance support to cooperative banks and regional rural banks (RRBs) in Gujarat for providing crop loans to farmers during 2016-17, reports Business Standard.

A source close to Nabard said this is the highest ever refinance support given by the bank in Gujarat.

Nabard has provided Rs 2,274 crore to the Gujarat government for irrigation projects under rural infrastructure development fund (RIDF).

 

 

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