- 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:
Q.1 The special refinance facility of Rs ____ for FY 2020-21 has been sanctioned by NABARD for WASH programme?
a. Rs 700 crore
b. Rs 400 crore
c. Rs 600 crore
a. Rs 700 crore
b. Rs 400 crore
c. Rs 600 crore
d. Rs 800 crore