Amid strike threat, Fin Secy Sanjay Lohia calls bank chiefs' meet to ensure servicesFinancial services secretary Sanjay Lohia has called a meeting with public sector bank, RRB and NABARD heads on Monday to ensure uninterrup...
RBI orders removal of Maharashtra minister Babasaheb Patil, seven Latur bank directorsRBI has ordered the removal of Maharashtra Cooperation Minister Babasaheb Patil and seven other directors from Latur District Central Coope...
Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
NABARD marks 23rd GI Day; facilitates GI applications for six Delhi productsNabin Kumar Roy, Chief General Manager, NABARD, New Delhi Regional Office, highlighted the expansion of NABARD’s GI initiative in Delhi fro...
Productivity enhancement may lead to further reduction in agriculture sector NPA: Nabard ChairmanAgriculture sector NPAs have significantly decreased to single digits, according to Nabard Chairman Shaji Krishnan V. Boosting crop product...
Bank unions announce strikes on September 11 over unresolved issuesThe United Forum of Bank Unions (UFBU), representing over 90% of India’s banking workforce, has announced strikes on September 11 and Septe...
India Ratings revises FY27 bank credit growth upward to 15%; provisioning for expected loss may hit profitIndia Ratings forecasts bank credit growth at fifteen percent for fiscal year twenty twenty-seven. Lenders will face profitability challeng...
NABARD, NaBFID sign MoU for funding rural infrastructure projectsNABARD and NaBFID have signed an initial pact to strengthen collaboration. This agreement focuses on financing infrastructure projects with...
Regional Rural Banks post all-time high net profit of Rs 10,176 crore in FY25-26; total business crosses Rs 13.5 lakh croreRegional Rural Banks (RRBs) reported a record consolidated net profit of ₹10,176 crore in FY26, up from ₹6,820 crore a year earlier, while ...
NABARD highlights Delhi’s handloom weavers through two-day exhibitionNabin Kumar Roy, Chief General Manager, NABARD, New Delhi Regional Office, highlighted the role of ecosystem enablers such as NABARD, the G...
Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
Looms of Ladakh rejects irregularity charges, says Pashmina cooperative acted within lawLooms of Ladakh Women Cooperative Ltd denies registration and functioning irregularities. The cooperative asserts its decade-long work foll...
Nabard cancels Rs 8,000 cr bond issue on high-yield bidsNabard rejected its ₹8,000-crore bond offering as investors sought higher yields. This withdrawal highlights investor caution in the primar...
Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
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 yearsFarmer denied Central govt subsidy: A Kerala consumer commission has ordered Federal Bank to pay Rs 1.76 lakh to a dairy farmer from Kannur...
Nabard plans to almost double balancesheet to Rs 7 trillion in 5 yearsThe development finance institution's chairman Harsh Kumar Bhanwala said the just legislated Nabard Bill will help in growing its balance s...
- Pawar cooperative bank flouted RBI norms, finds Nabard
On the basis of Nabard’s stringent recommendations, the RBI on May 5 asked the state cooperation commission to forthwith dissolve the board...