Nabard

Nabard, PFC pull bond issues as investors demand higher coupons

Investors wanted to lock in higher rates ahead, expecting a rate cut by the RBI which meets for its bi-monthly policy review in the first week of December

Nabard aims to raise funds via maiden ECB in FY26, says chairman Shaji KV

Proceeds of the issue will be deployed for climate change-related financing activities.

RBI may launch ULI platform within a month, says NABARD’s Goverdhan Rawat

Rawat also said that 'Agri-SURE' fund, a Rs 750-crore agri fund for startups and rural enterprises, which was announced in July, will be launched on September 3.

NABARD arm launches Rs 750-cr agri fund to finance startups, rural enterprises

The fund called 'Agri-SURE' is announced by NABVENTURES, a subsidiary of NABARD, with an initial corpus of Rs 750 crore with Rs 250 crore each from NABARD and the Ministry of Agriculture, and Rs 250 crore from other institutions.

Exclusive: Union Budget may increase agri-credit target up to Rs 25 lakh crore for 2024-25

Farm loan target depends on the Potential Credit Linked Plan carried out by the National Bank for Agriculture and Rural Development at the block level, which is assessed depending on the potential to absorb the credit.

Nabard to raise up to Rs 5,000 crore from bonds on June 13

The bonds have a base issue of Rs 2,000 crore and greenshoe option of Rs 3,000 crore.

A healthier rural economy for Modi 3.0

A better monsoon, rural income picking up, and faster growth in private consumption could signal a recovery in the rural economy and augur well for the prospects of the new government, which will take charge in the coming days.

MC Exclusive: 25% of YES Bank’s investment in RIDF to mature in FY25: Prashant Kumar, CEO

The bank has around 11 percent of its funds placed in the RIDF, which works out to be around Rs 44,000 crore, Kumar added.

RBI imposes Rs 10-lakh monetary penalty on NABFINS citing non-compliance

During inspection, the RBI found that the charge pertaining to adoption of restrictive practice of forcing its customers to go in only for a particular insurance company in respect of assets financed by it was sustained, warranting imposition of monetary penalty, the RBI said

NABARD projects Rs 2,43,093 crore credit potential for Bihar in 2024-25

The likely estimate has been made taking into account the Reserve Bank of India's priority sector-based guidelines, Central and state government policies and policies for sustainable agriculture and rural development.

NABARD to float bonds worth Rs 7,000 crore on January 31

The bonds have been rated 'AAA' with a 'Stable' outlook by India Ratings and CRISIL

Bank of Baroda raises Rs 2,500 cr from 10-year Basel-III bonds at 7.75% coupon

Similarly, Indian Renewable Energy Development Agency (IREDA) raised Rs 1,000 crore through 10-year bonds at 7.65 percent coupon.

Bank of Baroda, NABARD, IREDA to float Rs 14,500-cr bonds on Dec 20

Market sources also said that on December 21, National Bank for Financing Infrastructure and Development (NaBFID) will also issue bonds worth Rs 10,000 crore.

Govt appoints DMDs for Nabard, Sidbi

The Department of Financial Services (DFS) in separate notifications said, the central government has appointed Goverdhan Singh Rawat and Ajay Kumar Sood as DMDs of Nabard. These officers are serving as Chief General Managers at Nabard.

NABARD raises Rs 1,040.50 cr via 5-year social bonds at 7.63% coupon

NABARD has planned to raise Rs 3,000 crore, which had a base issue size of Rs 1,000 crore with an option to retain oversubscription up to Rs 2000 crore

NABARD, REC to float bonds worth Rs 5,000 crore next week

NABARD is looking to raise Rs 3,000 crore, while REC will issue bonds worth Rs 2,000 crore, sources have said

Nabard’s Rs 3,000-5,000 crore green bond issue likely by March 2024: Chairman Shaji KV

Demand for green bonds in the domestic market has been low in the last two years due to the small investor base for this product.