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The National Bank for Agriculture and Rural Development (NABARD) also said its balance sheet size reached Rs 6.57 lakh crore as on March 31, 2021, most of which is on account of non-idle (earning) assets that, in turn, helped create private and public investments at the ground level.
NABARD chairman G R Chintala takes over chairmanship of APRACA ANI | Updated: Mar 05, 2021 19:02 IST New Delhi [India], March 5 (ANI): National Bank for Agriculture and Rural Development (NABARD) Chairman G R Chintala on Friday took over the chairmanship of the Asia Pacific Rural and Agricultural Credit Association (APRACA). Chintala is succeeding Bank of Ceylon CEO DPK Gunasekera in office. Speaking to ANI, Chinatala said, "APRACA is a body of 24 nations with close to 88 members. It is an international organisation, which does a lot of information excha...
NABARD has said the strategy of achieving higher growth in agriculture needs to be based on forming new farmer producer organisations (FPOs) and nurturing the existing ones, an official said on Wednesday. As of January 2021, about 8,500 FPOs have been promoted in the country by various agencies with 4,868 of them by NABARD alone, its chairman Dr G R Chintala told reporters at the Tamil Nadu Agricultural University (TNAU) here. Keeping in mind that there must also be a concurrent evaluation of whether some course correction was required, NABARD conducted an internal study on FPOs in Kerala, ...