The 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]