Farm credit flows need better monitoring: Experts
Friday, October 26, 2018, 1:45 PM
The Reserve Bank of India should release a sector-wise break-up of agricultural credit, experts said on Thursday, stating that this would help result in a more productive use of the funds for the sector. Currently, about 70% of the farm credit, according to RBI data, are crop loans, while there is no disaggregated data on what the balance amount is used for.
Rs 10,012 crore aid given to UP in 2017-18: Nabard
Wednesday, April 25, 2018, 6:26 PM
Development bank Nabard said it has provided an assistance of Rs.10,012-crore to Uttar Pradesh during 2017-18 to facilitate overall development with special focus on agricultural credit. "This has been achieved through commercial banks, RRBs and cooperatives, infrastructure development through dedicated funds, strengthening of rural financial institutions, women empowerment through Self Help Groups, micro-finance and several other new initiatives," Nabard Chief General Manager A.K.Panda said.