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NABARD supports the formation of JLG in project mode for availing micro credit from banks through all its offices across India. The scheme is implemented through good NGO, Farmers Clubs etc. NABARD has published one booklet on success stories of JLGs which is available on its website.
NABARD Development Assistant / Development Assistant (Hindi) Examination: This exam is conducted to recruit Development Assistant ( DA in Group 'B'). Unlike, the Grade-A and Grade-B Examinations, this exam is meant to induct the clerical staff in NABARD which plays an imminent role in fulfilling aims of the orgranisation. [38]
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue kisan credit card to the farmers of India.This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R. V. Gupta Committee [1] to provide advances for agricultural needs.
Micro Finance Companies - The Task Force on Supportive Policy and Regulatory Framework for Microfinance set up by NABARD in 1999 provided various recommendations. Accordingly, it was decided to exempt NBFCs which are engaged in micro financing activities, licensed under Section 8 of the Companies Act, 2013, and which do not accept public ...
The functioning of the fund will be periodically reviewed by the central government. An action plan will be prepared by NABARD and sent to the government for approval. [5] An additional amount of ₹700 crore was set up as a contingency fund to meet the requirement of the weak RRBs, particularly those in the north-eastern and the eastern region ...
Aloysius Prakash Fernandez is an Indian economist, social worker and the Chairman of the NABARD Financial Services Limited (NABFINS), [1] a National Bank for Agriculture and Rural Development (NABARD) subsidiary, formed with the participation of several banks in India. [2]
The Africa Microfinance Network (AFMIN) is an association of microfinance networks in Africa resulting from an initiative led by African microfinance practitioners to create and strengthen country-level microfinance networks for the purpose of establishing shared performance standards, institutional capacity and policy change.
They play a statutory role in the financial markets through credit extension and refinancing operation activities and cater to the long-term financing needs of the industrial sector. [ 4 ] SIDBI is active in the development of Micro Finance Institutions through SIDBI Foundation for Micro Credit, and assists in extending microfinance through the ...