- The special refinance facility of Rs 800 crore for FY 2020-21 has been sanctioned by NABARD for WASH programme.
- NABARD offers concessional refinance facilities to financial institutions like RRBs, commercial banks and cooperative banks with the repayment period of upto 36 months.
- This support of NABARD will be transferred to fund the WASH activities, thrust area eligible for 95% refinance.
- This refinance support will also be extended to NBFCs and MFIs.
- Static Part:
- HQ of NABARD: Mumbai
- Chairman of NABARD: G R Chintala
Question:
a. Rs 700 crore
b. Rs 400 crore
c. Rs 600 crore
