Question 4437

In June 2020, NABARD has made available a Special Liquidity Facility of Rs. 270 crore to which of the following regional rural banks?

Answer

Assam Gramin Vikash Bank

Why?

National Bank for Agriculture and Rural Development (NABARD) has made available a Special Liquidity Facility of Rs 270 crore to Assam Gramin Vikash Bank . It will support the agricultural activities of the farmers. NABARD has provided Rs. 25,000 crore nationwide for providing liquidity support to Cooperative Banks, Regional Rural Banks and Micro Finance Institutions (MFIs) during 2020-21.