The National Bank for Agriculture and Rural Development (NABARD) on February 18, 2026, issued the Operational Guidelines for Schematic Lending under Long Term Refinance for F.Y 2025-26 – State Cooperative Banks (StCBs).
The following has been stated:
• It has issued guidelines regarding Long-Term (LT) refinance to State Cooperative Banks (StCBs) for supporting agricultural and rural infrastructure. The facility aims to finance capital formation activities such as irrigation, storage, processing, and other agri-related investments.
• Refinance is provided against eligible loans extended by StCBs to cooperative institutions, subject to conditions like viability of projects, security norms, and compliance with eligibility criteria (e.g., NPA levels, capital norms).
• The document also outlines loan limits, interest rates, repayment terms, and monitoring requirements, ensuring that funds are used for productive rural development purposes and routed through cooperative credit structures.
The detailed document is attached below.
[Notification no. - 35 /DoR - 06/ 2026]
