The National Bank for Agriculture and Rural Development (NABARD) on October 03, 2024, issued Operational Guidelines for LT Refinance-floating rate for F.Y 2024-25 – State Cooperative Banks (StCBs).
Please refer to the operational guidelines for LT refinance for the year 2023-24 for State Cooperative Banks issued vide Ref. No. NB.DoR /542/ LT Policy - 9/ 2023-24 dated 31 July 2023. In continuation to same, it is stated that an option of availing refinance at floating interest rate will be considered by NABARD. The terms of contract of the same are furnished in Annexure.
[Circular No. 204/DoR - 41/2024]