NABARD issued the operational guidelines for LT Refinance-floating rate for F.Y 2024-25 – Regional Rural Banks

Oct 15, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe National Bank for Agriculture and Rural Development (NABARD) on October 03, 2024, issued the operational guidelines for LT Refinance-floating rate for F.Y 2024-25 – Regional Rural Banks.

The following has been stated namely: -

• The implementation of a scheme aimed at enhancing financial support for agricultural and rural development projects.

• It includes details on eligibility criteria, application procedures, and the roles of various stakeholders involved in the scheme.

• It provides the terms of the contract under the floating interest rate (LT refinance to RRBs).

Refer to the attached document for detailed notification.

[Notification no. - 206/DoR-42/2024]


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