NABARD approves loan assistance of Rs 1,050 crore for P.Bangal – nabard approves loan assistance of rs 1050 crore for pabangal

Kolkata, May 29 (Language) The National Bank for Agriculture and Rural Development (NABARD) has approved loans worth Rs 1,050 crore to West Bengal in the current financial year for farmers and poor people in rural areas. An official gave this information on Friday. The official said that loan assistance under the Special Cash Facility (SLF) will be given to state cooperative banks, regional rural banks and micro-finance institutions (MFIs). He said that NABARD had already disbursed an amount of Rs 720 crore to the state cooperative banks and regional rural banks.

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Language | Updated: 29 May 2020, 07:55:00 PM IST

Kolkata, May 29 (Language) The National Bank for Agriculture and Rural Development (NABARD) has approved a loan of Rs 1,050 crore to West Bengal for farmers and poor people in rural areas in the current financial year. An official gave this information on Friday. The official said that loan assistance under Special Cash Facility (SLF) will be given to state cooperative banks, regional rural banks and micro-finance institutions (MFIs). He said that NABARD had already disbursed an amount of Rs 720 crore to the state cooperative banks and regional rural banks, adding that disbursement to micro-finance institutions (MFIs) would start soon. NABARD has sanctioned Rs 300 crore for MFIs, Rs 700 crore for state cooperative banks and Rs 50 crore for regional rural banks.

Web title nabard approves loan assistance of rs 1050 crore for pabangal(Hindi News from Navbharat Times , TIL Network)

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