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NABARD WITHDRAWAL
Nabard pulls out bond issuance on weak demandIn a surprising turn of events, Nabard has pulled the plug on its scheduled bond sale this Friday, citing a lackluster response from invest...- Nabard, REC withdraw bond issues amid higher-than-expected yieldsNabard and REC withdrew their planned bond issues on Thursday due to higher-than-expected yields. Nabard, initially seeking ₹8,000 crore fo...
- NABARD withdraws planned seven-year bond issue: BankersIndia's National Bank for Agriculture and Rural Development (NABARD) withdrew its planned seven-year bond issue after bids came in higher...
- RBI's liquidity window through SIDBI may be a non-starterIn the wake of the Covid-19 pandemic, the RBI provided a special facility of Rs 15,000 crore to Sidbi to provide liquidity support to the M...
- Rs 15,000 crore on tap, but it may not help NBFCs, MSMEsIn a three-page letter to the lenders, Sidbi stipulated that these loans would be repaid in bullet instalment after 90 days of the date of ...
- MFI industry seeks more refinance from DFIs in budgetMany of 200-odd MFIs operating in the country work as BCs for the banks for credit disbursements for which an 18 per cent GST is levied on ...
- BCs seek subsidy to roll out PoS terminals in rural IndiaAt present, only banks get federal money support for deploying point of sale (POS) devices in rural areas.
- Business correspondents seek subsidy for PoS terminals in villagesAt present, only banks get federal money support for deploying point of sale (POS) devices in rural areas.
- Manappuram Finance withdraws release on securing funding from NABARDThe release titled 'Manappuram Finance secures Rs 695 crore debt funding from NABARD' is being "retracted with immediate effect.
- Demonetisation: How Modi government is addressing the cash crunchThe govt has this week shifted focus to providing cash to rural India & encouraging digital spend in urban centres. ET takes a look at the ...
- Demonetisation: Marginal relief for wedding; banks to provide funds to cooperativeRBI doubles the limit to Rs 20,000 for pre-paid digital payments like Paytm with a view to meeting the transactional needs of the public.
- RBI directs banks to make sufficient cash availbale to farmers for Rabi crop seasonBanks with currency chests should ensure adequate cash supply to the DCCBs and RRBs, RBI said in a notification.
- Government war teams descend on farmsEarlier, the government had allowed farmers to draw up to Rs 25,000 per week from their KYC compliant accounts subject to the normal loan l...
- Make funds available to farmers through co-ops: FM to banksThere is requirement of about Rs 5,000 crore for the farm sector on a weekly basis for next few weeks as this is the peak rabi sowing seaso...
- Higher interest rates may hit Rs 33k crore rural projects: NabardNabard has said rural infrastructure projects worth Rs 33k cr may get stranded as state governments may not like to draw funds at a higher ...
- Kisan credit cards to double up as debit cardsThe nearly 10 crore farmers who hold kisan credit cards (KCC) will soon be able to use their card as a deposit account and a debit card.
- NABARD plans to raise over Rs 15,000 cr this fiscalCountry's premier agriculture lender, NABARD plans to raise over Rs 15,000 crore this fiscal through the issuance of Bhavishya Nirman Bonds...
- Nabard plans to raise over Rs 15,000 cr 2008Country's premier agriculture lender, Nabard plans to raise over Rs 15,000 crore this fiscal through the issuance of Bhavishya Nirman Bonds...
- Govt to buy stake in NHB, NabardThe government plans to buy out Reserve Bank of India’s stake in National Housing Bank (NHB) and Nabard by June next year to eliminate any ...
- Govt to buy RBI's stake in NHB, Nabard by June 2008: FMThe Reserve Bank owns 72.50% in Nabard and 100% in National Housing Bank. The government has already bought RBI's 59.73% stake in State Ban...
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