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ESAF partnered with NABARD

Published on November 09, 2021
Current Context: The ESAF Small Finance Bank has partnered with NABARD.
ESAF partnered with NABARD
  • They have partnered for attaining local economic development.
  • The ESAF and NABARD have framed the Local Sustainable Economic Development Training Programme which will be executed at the state level.
  • The program will help to develop financial literacy at basic levels.
  • This will bring financial empowerment and economic independence to the states at the local level.
  • This will happen due to the conduction of training and electing representatives of the Panchayati Raj Institutions to work to enhance the well-being of the community in the respected constituencies.
  • The program will be inaugurated by K Rajan, the state revenue minister.
  • At the initial stage, the program will be rolled out in 300 panchayats in Kerala.
  • Static Part: 
    • HQ of ESAF SFB: Thrissur, Kerala
    • MD and CEO of ESAF SFB: Kadambelil Paul Thomas
    • HQ of NABARD: Mumbai
    • Chairman of NABARD: Dr. G.R. Chintala


Q.1 In partnership with which organization has ESAF Small Finance Bank launched the Local Sustainable Economic Development Training Programme?
d. New India Assurance

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