aatmanirbhar bharat abhiyan

Nabard balance sheet grows 24% to Rs 6.57 lakh crore in FY21

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National Bank for Agriculture and Rural Development (Nabard) on Tuesday reported a 24 per cent growth in its balance sheet to a record high of Rs 6.57 lakh crore in the financial year ended on March 31, 2021. In the financial year 2019-20, its balance sheet stood at Rs 5.32 lakh crore. “In FY 2020-21, … Read more

Govt eases credit guarantee scheme norms to ensure more liquidity for stressed NBFCs/HFCs

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The maximum amount of guaranteed emergency credit line (GECL) funding under the scheme would also correspondingly increase from Rs 5 crore at present to Rs 10 crore. With a view to provide additional liquidity to crisis-ridden NBFCs and housing finance companies (HFCs), the government on Monday relaxed norms for Partial Credit Guarantee Scheme (PCGS) for … Read more