NABARD Extends Rs 270 crore to Assam Gramin Vikash Bank

NABARD Extends Rs 270 crore to Assam Gramin Vikash Bank

NABARD Extends Rs 270 crore to Assam Gramin Vikash Bank

  • The National Bank for Agriculture and Rural Development (NABARD) has extended a Special Liquidity Facility (SLF) of Rs 270 crore to Assam Gramin Vikash Bank for supporting the agricultural activities of the farmers in the wake of the COVID-19 Pandemic.
  • This amount has been disbursed by NABARD from the Rs 25,000 crore fund announced by the institution for providing liquidity support to Cooperative Banks, Regional Rural Banks and Micro Finance Institutions (MFIs) during 2020-21 with a view to ensuring continued flow of credit to farmers to carry out their agricultural operations smoothly even during COVID-19 pandemic period.

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