Polaris Financial Technology company, last week announced that the National Bank for Agricultural and Rural Development (NABARD) has chosen Polaris’ integrated IntellectTM Lending Solution comprising Loan Management and Accounting modules to be the bank’s new Centralized Loan Management and Accounting System (CLMAS). Polaris will offer NABARD its Intellect Loan Origination, Intellect Loan Management, Intellect GL […]
NABARD has released a comprehensive list of more than 50 schemes that it currently operates for Microfinance, Financial Inclusion,Village Development, Credit Support, Institution Development, Rural Infrastructure Development and Production Credit Support To avail these subsidies and grants, NGO’s and Companies should contact their nearest NABARD branch office. Download the complete list at the link below […]
NABARD has achieved the milestone of disbursing more than 1,00,000 crore from Rural Infrastructure Development Fund. As at the end of September 2011, NABARD has disbursed 1,02,844 crore to 28 States and Union Territory of Puduchery. Rural infrastructure development fund – RIDF This include 18,500 crore disbursed to National Rural Roads Development Agency (NRRDA), New […]
National Bank for Agriculture and Rural Development (NABARD) has created “Producers Organization Development Fund” to comprehensively support Producer Organizations in different forms across the country. NABARD Guidelines for Support to Producers Organizations Producers Organizations: An organization will be called a producer organization if It is formed by a group of producers for either farm or […]
The NABARD-GIZ RFIP Synthesis Report on Study of “Remittance Needs and Opportunities in India” was released last week. The study was conducted under the guidance of an international team of experts lead by Dr YSP Thorat and Dr Howard Jones. This report commissioned by the NABARD-GIZ Rural Financial Institutions Program (RFIP) synthesises a national study […]
Currently NABARD is administering the subsidy under various schemes of Government of India as given below: Companies and organisations interested in availing subsidy under these schemes can contact their nearest NABARD branch. Government Sponsored Subsidy Schemes in NABARD 1. Centrally Sponsored Scheme – Integrated Development of Small Ruminants and Rabbits 2. Centrally Sponsored Scheme […]
The Andhra Pradesh regional office of Nabard (National Bank for Agriculture and Rural Development) has sanctioned Rs 28.5 crore as part of its sustainable livelihood support programme. The amount would be used to support horticulture initiatives of 6,309 tribal families in nine districts of the state. Read more on BS Rs 4,000 crore to be […]
NABARD’s Venture Capital Fund Investment To give a fillip to sustainable and equitable growth in agriculture, agro processing, industry and services sectors in rural areas, NABARD has decided to explore the avenue of making contributions to professionally managed Venture Capital Funds having exposure to Agriculture and Rural sector. A brief framework of the initiative is given under :- 1. […]