nabard

Cabinet releases Rs.10,091 crore for crop loan subsidies


September 6th, 2012 - 10:11 pm ICT by IANS
New Delhi, Sep 6 (IANS) To ease the burden on farmers specially in drought-hit areas, the cabinet Thursday decided to release Rs.10,901 crore to banks as interest subvention for ... Read more...

Posted in Business |

Cabinet nod for continuing farmers’ loan scheme


September 6th, 2012 - 9:39 pm ICT by IANS
New Delhi, Sep 6 (IANS) The government Thursday approved a proposal to continue interest subvention to public sector banks (PSBs), regional rural banks (RRBs), cooperatives banks and NABARD to ... Read more...

Posted in Business |

WIPRO computerises five cooperative banks


July 31st, 2012 - 7:55 pm ICT by IANS
Bangalore, July 31 (IANS) IT bellwether Wipro Ltd Tuesday said it has deployed its core banking solution in five state-run cooperative banks across five country under the National Bank for ... Read more...

Posted in Sci-Tech |

Nabard sanctions Rs.70 crore loan to Himachal


July 24th, 2012 - 8:40 pm ICT by IANS
Shimla, July 24 (IANS) The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs.70.24 crore for rural infrastructure development in Himachal Pradesh, an official said here Tuesday.Funds have ... Read more...

Posted in Business |

Akhilesh seeks quick Nabard decisions to help development


June 7th, 2012 - 12:47 am ICT by IANS
Lucknow, June 6 (IANS) Uttar Pradesh chief minister Akhilesh Yadav met National Bank for Agriculture and Rural Development (Nabard)chairman Prakash Bakshi here in the capital city Wednesday, and pressed for ... Read more...

Posted in Business |

Jayalalithaa opposes rate hike on rural infra loans


April 27th, 2012 - 2:42 pm ICT by IANS
Chennai, April 27 (IANS) Tamil Nadu Chief Minister J.Jayalalithaa Friday urged Prime Minister Manmohan Singh not to raise the interest rates on loans provided under the Rural Infrastructure Development ... Read more...

Posted in Business |

Nabard’s Rs.15 bn fund to help women’s self-help groups


April 14th, 2012 - 9:37 pm ICT by IANS
Mumbai, April 14 (IANS) The National Bank for Agriculture & Rural Development (Nabard) will create a Rs.15 billion fund to cater to women's Self-Help Groups in economically weaker districts in ... Read more...

Posted in Business |

Don’t amend cooperative act without our nod: NABARD


April 4th, 2012 - 11:48 pm ICT by IANS
Kolkata, Apr 4 (IANS) The National Bank For Agriculture And Rural Development (NABARD) said Wednesday it would oppose the Mamata Banerjee-led West Bengal government's move to amend the state ... Read more...

Posted in Business |

NABARD registers 24.2 percent loan growth in Bengal (Lead)


April 4th, 2012 - 6:09 pm ICT by IANS
Kolkata, April 4 (IANS) The National Bank For Agriculture And Rural Development (NABARD) has loaned Rs.2,784.39 crore to financial institutions of West Bengal and the state government during the last ... Read more...

Posted in Business |

NABARD registers 24.2 percent loan growth in Bengal


April 4th, 2012 - 4:50 pm ICT by IANS
Kolkata, April 4 (IANS) The National Bank For Agriculture And Rural Development (NABARD) has loaned Rs.2,784.39 crore to financial institutions of West Bengal and the state government during the ... Read more...

Posted in Business |

Centre for rural financing institutions to come up in Mumbai


March 21st, 2012 - 8:40 pm ICT by IANS
Mumbai, March 21 (IANS) A Centre for Excellence for Rural Financial Institutions (CERFI) would come up here to help regional rural banks (RRBs) and cooperative banks and other rural financial ... Read more...

Posted in Sci-Tech |

Budget highlights 8


March 16th, 2012 - 4:12 pm ICT by IANS
* Cinema industry exempted from service tax.* Service tax rate raised from 10 percent to 12 percent to bring in Rs.18,660 crore.* Excise duty raised from 10 to 12 percent.* ... Read more...

Posted in Business |

Budget highlights 7


March 16th, 2012 - 2:04 pm ICT by IANS
* Income tax exemption limit raised to Rs.2 lakh to provide relief of relief of Rs.2,000 for assessees in this catergory; 20 percent tax on income over Rs.10 lakh, up from ... Read more...

Posted in Business |

Budget highlights 4


March 16th, 2012 - 1:15 pm ICT by IANS
* Infusion of Rs.15,888 crore in public sector banks, regional rural banks and NABARD in 2012-13.* Infrastructure will require Rs.50 lakh crore in 12th Plan, half of this from the private ... Read more...

Posted in Uncategorized |

Himachal gets Rs.171.22 crore loan for rural projects


December 13th, 2011 - 6:38 pm ICT by IANS
Shimla, Dec 13 (IANS) The National Bank for Agriculture and Rural Development (NABARD) has sanctioned a Rs.171.22 crore loan to Himachal Pradesh for creation of rural infrastructure, an official statement ... Read more...

Posted in Business |

Court stays information panel’s order on banks (Lead)


December 8th, 2011 - 9:34 pm ICT by IANS
New Delhi, Dec 8 (IANS) The Delhi High Court Thursday stayed a Central Information Commission (CIC) order asking the National Bank for Agriculture and Rural Development (NABARD) to give details ... Read more...

Posted in Uncategorized |

MSP hiked to boost food production


October 25th, 2011 - 6:07 pm ICT by IANS
New Delhi, Oct 25 (IANS) In order to boost food production of the rabi crop in 2011-12, the Cabinet Committee on Economic Affairs Tuesday hiked the minimum support price (MSP) ... Read more...

Posted in Uncategorized |

Swiss ambassador to visit Maharashtra villages


October 17th, 2011 - 8:07 pm ICT by IANS
Pune, Oct 17 (IANS) Swiss Ambassador Philippe Welti will visit villages in Maharashtra's Ahmednagar district Tuesday and exchange views on adapting to climate change, an official statement said here.Welti will ... Read more...

Posted in Uncategorized |

Punjab sanctions Rs.122 crore for flood control projects


June 7th, 2011 - 5:28 pm ICT by IANS
Chandigarh, June 7 (IANS) In a bid to complete flood control projects ahead of the monsoon, the Punjab government has sanctioned Rs.122 crore for its drainage department, officials said Tuesday."A ... Read more...

Posted in Uncategorized |

Pawar dismisses Congress charges over MSC Bank


May 9th, 2011 - 9:07 pm ICT by IANS
Satara (Maharashtra), May 9 (IANS) For the third consecutive day Monday, union Agriculture Minister Sharad Pawar blasted the Congress following the Reserve Bank of India's decision to appoint administrators ... Read more...

Posted in Politics |

Cold storage, fertiliser classification as agri-infrastructure welcomed


March 1st, 2011 - 7:50 pm ICT by IANS
New Delhi, March 1 (IANS) Industry lobby Confederation of Indian Industry (CII) Tuesday welcomed the classification of cold chain (storage) and fertiliser industry as agriculture infrastructure in the federal budget ... Read more...

Posted in Business |

Poor youth to be trained for jobs


February 11th, 2011 - 1:32 am ICT by IANS
Kolkata, Feb 11 (IANS) The rural development ministry Thursday joined hands with the Institute of Computer Accountants (ICA) for a Rs.45 crore training project meant to enable over 22,000 poor youth get ... Read more...

Posted in Business |

Rajasthan farmers say climate change affecting livelihood


October 5th, 2010 - 8:15 pm ICT by IANS
Jaipur, Oct 5 (IANS)Small and marginal farmers are suffering the most due to climate change manifesting through rising temperature and erratic rainfall, dwindling the scope for livelihood in agriculture and animal husbandry.This ... Read more...

Posted in Environment |

Centre gives Rs.117 crore to six states for rural roads


October 1st, 2010 - 3:42 pm ICT by IANS
New Delhi, Oct 1 (IANS) The central government has released Rs.116.88 crore to six states under the Pradhan Mantri Gram Sadak Yojana (PMGSY) to build rural roads, the rural development ministry said ... Read more...

Posted in Business |

Gujarat’s bid to collect fee from bank illegal: high court


September 25th, 2010 - 6:33 pm ICT by IANS
Gandhinagar, Sep 25 (IANS) The Gujarat High Court has termed as illegal an attempt by the state government to collect a fee from a co-operative bank. The state government wanted to collect ... Read more...

Posted in Business |

NABARD to adopt 40 Himachal villages for herbal plantation


July 30th, 2010 - 6:14 pm ICT by IANS
Shimla, July 30 (IANS) The National Bank of Agriculture and Rural Development (NABARD) will adopt 40 villages in Himachal Pradesh to promote herbal plantation in the state, Chief Minister Prem Kumar Dhumal ... Read more...

Posted in Health |

Rs.4,868 crore compensation to public sector banks


July 30th, 2010 - 3:06 pm ICT by IANS
New Delhi, July 30 (IANS) The government Friday approved compensation of Rs.4,868 crore to public sector banks for providing loans to farmers at lower interest rates. "The Cabinet today gave its approval for ... Read more...

Posted in Business |

Pranab ask states, banks to extend banking access to all (Lead)


June 28th, 2010 - 9:44 pm ICT by IANS
Mumbai, June 28 (IANS) Finance Minister Pranab Mukherji Monday asked the central and western states and public sector banks to extend mainstream banking facilities to the poor, small farmers and micro-entrepreneurs. ... Read more...

Posted in Business |

NABARD plans to set up rural credit bureaus


June 13th, 2010 - 12:22 am ICT by IANS
Kolkata, June 12 (IANS) The National Bank for Agriculture and Rural Development (NABARD) plans to set up rural credit bureaus in the districts and initiate steps to popularise Kisan Credit Cards, a ... Read more...

Posted in Business |

Punjab seeks Rs.1,000 crore Nabard help


April 20th, 2010 - 6:00 pm ICT by IANS
Chandigarh, April 20 (IANS) The Punjab government has sought assistance from the National Bank of Agriculture and Rural Development (Nabard) for eight development projects worth Rs.1,000 crore in this financial year. Finance Minister ... Read more...

Posted in Business |

Gujarat tops in marine fish output


April 14th, 2010 - 5:35 pm ICT by IANS
Gandhinagar, April 14 (IANS) With a 1,600 km coastline, Gujarat ranks first among the states in marine fish production and exported 1.88 lakh tonnes of marine products worth Rs.1,265 crore in fiscal ... Read more...

Posted in Business |

Organic veggies to make good business for Himachal hotels


March 22nd, 2010 - 12:31 pm ICT by IANS
By Vishal Gulati Shimla, March 22 (IANS) Guests at two top hotels run by Himachal Pradesh Tourism can soon savour fresh, organically-cultivated vegetables on the menu. What's more, these will be grown in ... Read more...

Posted in Business |

Centre constitute a committee to study cost of working capital


March 11th, 2010 - 10:41 pm ICT by ANI
New Delhi, Mar 11 (ANI): The Union Government on Thursday said that it has constituted a high level committee to look into the problems of high cost of working capital.Replying questions ... Read more...

Posted in National |

Kerala’s Kollam Technopark to get Rs.49 crore from Nabard


November 21st, 2009 - 8:29 pm ICT by IANS
Thiruvananthapuram, Nov 21 (IANS) The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs.49.53 crore for the development of the Kollam Technopark, an IT park coming up in Kollam, Kerala. ... Read more...

Posted in Business |

Centre disburses Rs.1.38 lakh crore agriculture credits to farmers


November 19th, 2009 - 8:40 pm ICT by ANI
New Delhi, Nov (ANI): The Union Agriculture Ministry said here on Thursday that Rs. 1.38 lakh crore have been disbursed among farmers across the country as agriculture credit up to September.This is ... Read more...

Posted in National |

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